Arlington Clothing, Inc, shows the following information for its two divisions for year 1 Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region Coastal Region $4,110,000 $13,020,000 2,666,300 6,510,000 246,600 781,200 543,900 3,750,000 Required: o. Compute divisional operating income for the two divisions ignore taxes b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Reg A Req B1 Reg 02 Compute divisional operating income for the two divisions. Ignore taxes. (Enter your answers in thousands of dollars rounded to 1 decimal place.) Coastal Region Region Operating income 648205 1.9788 Lako Req B1 > Arlington Clothing, Inc, shows the following information for its two divisions for year 1. Sales revenue Cost of sales Allocated corporate overhead other general and administration Lake Region $4,110,000 2,666,300 246,600 548,900 Coastal Region $13,020,000 6,510,000 781,200 3,750,000 Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Answer is complete and correct. Complete this question by entering your answers in the tabs below. Reg Reg B1 Reg 32 What are the gross margin and operating margin percentages for both divisions? (Enter your answers as a percentage rounded to 2 decimal places (... 32.12).) Lake Region Coastal Region Gross margin percentage 35.13% 50.00 Operating margin 15 77% 15 20 Arlington Clothing, Inc, shows the following information for its two divisions for year 1 Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region Coastal Region $4,110,000 $13,020,000 2,666,300 6,510,008 246,600 781,200 548,900 3,750,000 Required: a. Compute divisional operating income for the two divisions. Ignore taxes b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Answer is complete and correct. Complete this question by entering your answers in the tabs below. ReqA Reg 31 Reg B2 How well have these divisions performed? (Select all that apply.) The gross margin percentage is higher in Lake Region Divisional income is greater in Coastal Region The gross margin percentage is higher in Coastal Region Corporate overhead appears to be allocated on the basis of revenues The operating margin is greater in Lake Region Divisional income is greater in Lake Region OOOO
