Question 24 --/1 View Policies Current Attempt in Progress Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 80% for Sporting Goods and 20% for Sports Gear. Sheridan incurs $6840000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted average contribution margin ratio is 80%. o 40%. 046%. 034%. Save for Later Attempts: 0 of 1 used Submit