Question: Periphery, Inc. has two products - picture frames and candle holders. Financial data for both the products follow: Periphery has two sales representatives-Andrew Novak and
Periphery, Inc. has two products - picture frames and candle holders. Financial data for both the products follow: Periphery has two sales representatives-Andrew Novak and Liu Wei. Each sales representative sold a total of 1,850 units during the month of March. Andrew had a sales mix of 80% picture frames and 20% candle holders. Liu had a sales mix of 60% picture frames and 40% candle holders. What is the contribution margin ratio for picture frames and candle holders, respectively? A. 62%;64% B. 38%;36% C. 31%;33% D. 7%;3%
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