Bonita Industries has two divisions Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total $1000000 $600000 $400000 Sales 420000 $340000 Variable costs $180000 $60000 Contribution margin $300000 Total fixed costs What is the weighted-average contribution margin ratio? O50% 5% 46% O 24%

Question
Bonita Industries has two divisions Standard and Premium. Each division has hundreds of
different types of tennis racquets and tennis products. The following information is available:
Standard Division Premium Division
Total
$1000000
$600000
$400000
Sales
420000
$340000
Variable costs
$180000
$60000
Contribution margin
$300000
Total fixed costs
What is the weighted-average contribution margin ratio?
O50%
5%
46%
O 24%
Expand
Transcribed Image Text

Bonita Industries has two divisions Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total $1000000 $600000 $400000 Sales 420000 $340000 Variable costs $180000 $60000 Contribution margin $300000 Total fixed costs What is the weighted-average contribution margin ratio? O50% 5% 46% O 24%

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