Brief Exercise 19-10 Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room...
70.2K
Verified Solution
Link Copied!
Question
Accounting
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 $510,000 $762,000 $1,272,000 Variable costs 248,000 442,000 690,000 Contribution margin $262,000 $320,000 $ 582,000 (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 Click if you would like to Show Work for this question:
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
