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Ayayai Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for
Ayayai 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 Computers $480,000 VG Systems Total $320,000 $800,000 Variable costs 336,000 256,000 592,000 Contribution margin $144,000 $64,000 208,000 Fixed costs 136,760 Net income $71,240 Determine the sales mix and contribution margin ratio for each division. Sales mix Contribution margin ratio Computers VG Systems % % % %
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