Cullumber Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are: Bedroom Division $506,000 273,240 Contribution margin $232,760 Sales Variable costs Bedroom Division Determine the company's sales mix based on sales revenue. (Round answers to 2 decimal places, e.g. 0.15.) Dining Room Division Dining Room Division e Textbook and Media Total $759,000 $1,265,000 440,220 713,460 $318,780 $551,540 Sales mix Determine the company's weighted-average contribution margin ratio. (Round answer to 4 decimal places, e.g. 0.1578.) Weighted-average contribution margin ratio

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.