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
Required:
a. Determine the companyĆ¢s sales mix.
b. Determine the companyĆ¢s weighted-average contribution margin ratio.
Answers: 1
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Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The result...
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