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Determine the company sales mix

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Reference no: EM132616876

Problem - Concord 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

$510,300

$766,200

$1,277,000

Variable costs

270,124

444,396

715,120

Contribution margin

$240,076

$321,804

$561,880

Required -

1. Determine the company's sales mix.

2. Determine the company's weighted-average contribution margin ratio.

Reference no: EM132616876

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