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Business, 28.07.2021 01:10 star6097

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 companyâs sales mix.
b. Determine the companyâs weighted-average contribution margin ratio.

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