Periphery,Inc.has two products-picture frames and candle holders.Financial data for both the products follow:
Periphery has two sales representatives-Andrew Novak and Liu Wei.Each sales representative sold a total of 1400 units during the month of March.Andrew had a sales mix of 70% picture frames and 30% candle holders.Liu had a sales mix of 80% picture frames and 20% candle holders.What is the contribution margin ratio for picture frames and candle holders,respectively?
A) 57%;46%
B) 52%;43%
C) 5%;3%
D) 43%;54%
Correct Answer:
Verified
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