Question
WildhorseFurniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining
WildhorseFurniture 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 | $511,200 | $766,800 | $1,278,000 | |||
| Variable costs | 276,048 | 444,744 | 720,792 | |||
| Contribution margin | $235,152 | $322,056 | $ 557,208 |
Determine the company's weighted-average contribution margin ratio?
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Accounting Principles
Authors: Jerry J Weygandt
10th Edition
1118009282, 9781118009284
