Question: Periphery, Inc. has two productspicture frames and candle holders. Financial data for both the products follow: Picture Frames Candle Holders Units sold 2,500 units 1,200
Periphery, Inc. has two
productspicture
frames and candle holders. Financial data for both the products follow:
| Picture Frames | Candle Holders | |
| Units sold | 2,500 units | 1,200 units |
| Sales price per unit | $500 | $1,300 |
| Variable manufacturing cost per unit | 300 | 700 |
| Sales commission (% of sales) | 6% | 5% |
Periphery has two sales
representativesAndrew
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
70%
picture frames and
30%
candle holders. What is the contribution margin ratio for picture frames and candle holders, respectively?
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