Sibling 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.$)$

Sibling Furniture has three sales representatives: Avery, Bill, and Camara. Avery sold $70$ tables with six chairs each. Bill sold $60$ tables with eight chairs each. Camara sold $90$ tables with four 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

Avery

Bill

Camara

Calculate the total contribution margin for each sales representative.

$\backslash$table$[[$Sales representative:,Avery,Bill$],[$Net sales revenue,,$],[$Variable costs,,$],[$Contribution margin,$,]]$

Now calculate the contribution margin ratio for each sales representative. $($Round to two decimal places$-$the ne

$\backslash$table$[[,],[$Avery$,$