Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $501,200 $751,800 $1,253,000 Variable costs 255,612 443,562 699,174 Contribution margin $245,588 $308,238 $553,826 (a) Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Bedroom Division Dining Room Division Sales mix

Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division Dining Room Division Total Sales $501,200 $751,800 $1,253,000 Variable costs 255,612 443,562 699,174 Contribution margin $245,588 $308,238 $553,826 (a) Determine the company's sales mix. (Round answers to 2 decimal places, e.g. 0.15.) Bedroom Division Dining Room Division Sales mix

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Fernstrom Corporation has two divisions: East and West. Data from the most recent month appear below: Sales. Variable expenses Traceable fixed expenses Multiple Choice The company's common fixed expenses total $52,140. If the company operates at exactly the break-even sales of the East Division and West Division, what would be the company's overall net operating income? $0 East $330,000 $132,000 $140,000 ($235,140) West $144,000 $ 76,320 $ 43,000
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