Quality Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations
Question:
Quality Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are:
(a) Determine the company's sales mix.
(b) Determine the company's weighted-average contribution marginratio.
Transcribed Image Text:
Bedroom Dining Room Division $500,000 250,000 Contribution margin 250,000 Division $750,000 450,000 $300,000 Total $1,250,000 Sales Variable costs 700,000 550,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a Sales Mix Bedroom Division 500000 1250000 40 Dining Room Division 750000 1250000 6...View the full answer
Answered By
Shadrack Mulunga
I am a Biochemistry by profession. However, I have explored different fields of study. My quest to explore new fields has helped me gain new knowledge and skills in Business, clinical psychology, sociology, organizational behavior and general management, and Project Management. I count my expertise in Project management, in particular, creation of Work Break Down Structure (WBS) and use of Microsoft Project software as one of my greatest achievement in Freelancing industry. I have helped thousands of BSC and MSC students to complete their projects on time and cost-effectively using the MS Project tool. Generally, I find happiness in translating my knowledge and expertise to success of my clients. So far, i have helped thousands of students to not only complete their projects in time but also receive high grades in their respective courses. Quality and timely delivery are the two key aspects that define my work. All those who hired my services always come back for my service. If you hire my services today, you will surely return for more. Try me today!
5.00+
154+ Reviews
289+ Question Solved
Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Family Furniture Co. has two divisions: bedroom division and dining room division. The results of operations for the most recent quarter are as follows: __________________ Bedroom Division...
-
The results of operations for the Garret Bug Spray Manufacturing Company for the fourth quarter of 2017 were as follows (in thousands): Garret uses the variable costing method. Thus, only variable...
-
The results of operations for the Garret Bug Spray Manufacturing Company for the fourth quarter of 2011 were as follows: Garret uses the variable costing method. Thus, only variable costs are...
-
Blocks A and B shown in the figure are free and all surfaces are non-friction. Find the velocity of the blocks at t = 3 s, since the tensile force shown in the graphic is applied to the block A...
-
Trends by Tiffany sells high-end leather purses. During 2012, the company has the following inventory transactions. Because trends in purses change frequently, Trends by Tiffany estimates that the...
-
Write Matlab code to visualize the following function: z = c. sin (2ax + y) Where a = 3, c = 0.5, 0 x 1 and -1 y 1.
-
With reference to the preceding exercise, find the marginal densities of the two random variables. Data From Preceding Exercise Determining a joint cumulative distribution function Find the joint...
-
Apparent Weight, A 550-N physics student stands on a bathroom scale in an 850-kg (including the student) elevator that is supported by a cable. As the elevator stands moving, the scale reads 450 N....
-
Mercier Manufacturing produces a plastic part in three sequential departments: Extruding, Fabricating, and Packaging. Mercier uses the weighted-average process costing method to account for costs of...
-
Bonny Corp. has a defined benefit pension plan for its employees who have an average remaining service life of 10 years. The following information is available for 2013 and 2014 related to the...
-
Briggs Candle Supply makes candles. The sales mix (as a percent of total dollar sales) of its three product lines is: birthday candles 30%, standard tapered candles 50%, and large scented candles...
-
In Wesland Company, data concerning two products are: Contribution margin per unitProduct A $10, Product B $12; machine hours required for one unitProduct A requires 2 hours, Product B requires 3...
-
Using the following data determine the values of MAD and MSE. Which of these measurements of error seems to yield the best information about the forecasts?Why? Period Value Forecast 19.4 23.6 24.0...
-
To construct a solenoid having cross-sectional area \(1.256 \times 10^{-3} \mathrm{~m}^{2}\) and 500 windings that can produce a magnetic field of \(10 \times 10^{-3} \mathrm{~T},\) (a) calculate the...
-
Large maps are printed on a plotter and rolled up. The supervisor randomly selects 12 printed maps and unfolds a part of each map to verify the quality of the printing. List one condition under which...
-
A cylindrical electromagnet produces a uniform \(1.5-\mathrm{T}\) magnetic field between the poles. If the north and south poles of the electromagnet have circular cross-section having radius \(60...
-
A parallel-plate capacitor with circular plates has a steady charging current of \(3.0 \mathrm{~A}\). The wires into and out of the plates attach to the plate centers. If the radius of each plate is...
-
As we saw in Checkpoint 30.9, a receiving dipole antenna has to be aligned with the oscillating electric field in order to produce a measurable potential difference in the antenna. What if we wanted...
-
At what price does a sale of goods require a writing?
-
(a) Use integration by parts to show that (b) If f and g are inverse functions and f' is continuous, prove that (c) In the case where f and t are positive functions and b > a > 0, draw a diagram to...
-
What is the difference between a rocks texture and structure?
-
Special Delivery was started on May 1 with an investment of $45,000 cash. Following are the assets and liabilities of the company on May 31, 2012, and the revenues and expenses for the month of May,...
-
Presented below are selected financial statement items for Rowe Corporation for December 31, 2012. Instructions(a) Determine which items should be included in a statement of cash flows, and then...
-
Austin Corporation was formed during 2011 by Joanna Kay. Joanna is the president and sole stockholder. At December 31, 2012, Joanna prepared an income statement for Austin Corporation. Joanna is not...
-
You are the owner of a very small business that sells gourmet coffee. You sell only one product, a 12-ounce bag of whole-bean French roast coffee. You sell each bag of coffee for $14 each, but due to...
-
Find the instantaneous rate of change of the function f(t)=3+5t when t=-3.
-
Pretend you need to conduct a title search. You have the information needed from your online search, but you need to go to the clerk's office to finish your search. What information/records will/can...
Study smarter with the SolutionInn App