Sunland Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of...
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Sunland Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 65%, and large scented candles 5%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented (a) Contribution Margin Ratio 20% 35% 45% What is the weighted-average contribution margin ratio? Weighted-average contribution margin ratio % Bonita Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Sales Variable costs (a) Bedroom Division Contribution margin $235,336 Bedroom Division $511,600 Dining Room Division 276,264 Dining Room Division Sales mix $767,400 445,092 $322,308 Total $1,279,000 Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) 721,356 $557,644 Sunland Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 65%, and large scented candles 5%. The contribution margin ratio of each candle type is shown below. Candle Type Birthday Standard tapered Large scented (a) Contribution Margin Ratio 20% 35% 45% What is the weighted-average contribution margin ratio? Weighted-average contribution margin ratio % Bonita Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Sales Variable costs (a) Bedroom Division Contribution margin $235,336 Bedroom Division $511,600 Dining Room Division 276,264 Dining Room Division Sales mix $767,400 445,092 $322,308 Total $1,279,000 Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) 721,356 $557,644
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1 weighted average costribution maagin antio 2 6 2275 225 31 2 2 sales mix ... View the full answer
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1119036432
7th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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