Blue Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines.
Posted: Sun Jul 03, 2022 3:54 pm
Blue Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the current year are presented below: Sales Variable costs Contribution margin Fixed costs Net income (a) Computers $700,000 420,000 $280,000 Sales mix VG Systems $300,000 210,000 Contribution margin ratio $90,000 Determine the sales mix and contribution margin ratio for each division. Total $1,000,000 630,000 370,000 296,000 $74,000 Computers VG Systems