
(a)
Sales Mix:
Sales mix refers to the relative distribution of the total sales among the number of products sold by a company. In other words, it is expressed as a percentage of units sold for each product with respect to the total units sold for all the products.
To Determine: The Company’s sales mix.
(b)
Contribution Margin ratio: It is a ratio that measures the contribution margin generated by the company from the sales to make it avialable for paying the fixed cost and generate a profit. It is expressed as percentage of margin available from each dollar sales to pay fixed expenses and to provide profit. It is also called as profit-volume ratio. The formula to calculate the contribution margin ratio is as follows:
To Determine: The Company’s weighted-average contribution margin ratio.

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Chapter 6 Solutions
Managerial Accounting: Tools For Business Decision Making, Seventh Edition Wileyplus Card
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