Boilermakers Company consists of three divisions, Appliance Division, Furniture Division, and Flooring Division. The company has...

 

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Boilermakers Company consists of three divisions, Appliance Division, Furniture Division, and Flooring Division. The company has $600,000 in fixed costs for the year and incurs the following for each division: Sales Variable Costs Contribution Margin Appliance Division $550,000 $250,000 $300,000 Furniture Division $700,000 Flooring Division $625,000 $375,000 $280,000 $325,000 $345,000 What is the company's weighted-average contribution margin ratio? (round all percentages to two decimal places in intermediate calculations and round final answer to two decimal places ex] .41635 is 41.64%) Boilermakers Company consists of three divisions, Appliance Division, Furniture Division, and Flooring Division. The company has $600,000 in fixed costs for the year and incurs the following for each division: Sales Variable Costs Contribution Margin Appliance Division $550,000 $250,000 $300,000 Furniture Division $700,000 Flooring Division $625,000 $375,000 $280,000 $325,000 $345,000 What is the company's weighted-average contribution margin ratio? (round all percentages to two decimal places in intermediate calculations and round final answer to two decimal places ex] .41635 is 41.64%)

Answer rating: 100% (QA)

To calculate the companys weightedaverage contribution margin ratio we need to find the weightedaver... View the full answer