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Zelmer Company consists of three divisions, Appliance Division, Furniture Division, and Flooring Division. The company has $600,000 in fixed costs for the year and incurs

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Zelmer Company consists of three divisions, Appliance Division, Furniture Division, and Flooring Division. The company has $600,000 in fixed costs for the year and incurs the following for each division: Appliance Furniture Flooring Division Division Division Sales $550,000 $700,000 $625,000 Variable $250,000 $375,000 $280,000 Costs Contribution $300,000 $325,000 $345,000 Margin What is the company's weighted-average contribution margin ratio? (round all percentages to two decimal places in intermediate calculations and round final answer to two decimal places ex] .41635 is 41.64%)

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