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x Brief Exercise 19-10 Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent
x
Brief Exercise 19-10
Faune 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 | $501,000 | $764,000 | $1,265,000 | |||
Variable costs | 245,000 | 443,000 | 688,000 | |||
Contribution margin | $256,000 | $321,000 | $ 577,000 |
(a) Determine the companys sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
Sales mix | ||
Bedroom Division | ||
Dining Room Division |
(b) Determine the companys weighted-average contribution margin ratio. (Round intermediate calculation and final answer to 2 decimal places, e.g. 0.15.)
Weighted-average contribution margin ratio |
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