PLEASE MAKE SURE TO COMPLETE ALL REQUIREMENTS

P21-29A (similar to) Question Help Generation Furniture Company manufactures and sells oak tables and chairs. Price and cost data for the furniture follow. (Click the icon to view the price and cost data.) Generation Furniture has three sales representatives: Albert, Bill, and Crissy. Albert sold 80 tables with 6 chairs each. Bill sold 110 tables with 4 chairs each. Crissy sold 70 tables with 8 chairs each. Read the requirements. Requirement 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places). Before calculating the total contribution margin, begin by identifying and calculating the total number of tables and chairs sold by each sales representative for the period. Sales representative: Tables sold Chairs per table Total chairs sold Albert Bill Crissy Data Table Chairs Sales Price Variable manufacturing costs Sales commission (8%) Tables 1,100 S 737 Print Done i Requirements 1. Calculate the total contribution margin and the contribution margin ratio for each sales representative (round to two decimal places). 2. Which sales representative has the highest contribution margin ratio? Explain why. Print Done