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Oriole Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results...

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Accounting

Oriole Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: (b) Sales Variable costs Contribution margin (a) Bedroom Division Bedroom Division $504,800 Dining Room Division 262,496 Your answer is correct. $242,304 Dining Room Division eTextbook and Media $757,200 446,748 $310,452 Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.) Sales mix .40 Weighted-average contribution margin ratio Total .60 $1,262,000 709,244 $ 552,756 Attempts: 1 of 5 used Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.)
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Oriole Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarterare: (a) Your answer is correct. Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.3. 0.15.) eTextbook and Media Attempts: 1 of 5 used b) Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.s. 0.1578.) Weighted-average contribution margin ratio

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