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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
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 $4,200,000 $12,950,000 2,655,000 6,480,000 252,000 777,000 556,900 3,770,000 The results for year 2 have just been posted. Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region Coastal Region $4,200,000 $9,740,000 2,655,000 4,780,000 315,000 730,500 536,000 3,770,000 Required: a. Compute divisional operating income for the two divisions for year 2. b-1. What are the gross margin and operating margin percentages for ye b-2. How well have these divisions performed? 2 for both divisions? Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Compute divisional operating income for the two divisions for year 2. (Enter your answers in thousands of dollars rounded 1 decimal place.) Lake Region Coastal Region Operating income KROGA Req B1 >
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