Question
Sunland Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division
Sunland Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are:
| Bedroom Division | Dining Room Division | Total | ||||
|---|---|---|---|---|---|---|
| Sales | $501,200 | $751,800 | $1,253,000 | |||
| Variable costs | 255,612 | 443,562 | 699,174 | |||
| Contribution margin | $245,588 | $308,238 | $ 553,826 |
(a)
Determine the companys sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.)
| Sales mix | ||
|---|---|---|
| Bedroom Division | enter a value rounded to 2 decimal places | |
| Dining Room Division | enter a value rounded to 2 decimal places |
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Accounting For Financial Instruments
Authors: Cormac Butler
1st Edition
0470699809, 978-0470699805
