Question
Bike Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 25.00% for Sporting Goods and 75.00% for Sports Gear. The company
Bike Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 25.00% for Sporting Goods and 75.00% for Sports Gear. The company incurs $12,100 in fixed costs. The contribution margin ratio for Sporting Goods is 50.00%, while for Sports Gear it is 30.00%. What is the company's weighted-average contribution margin ratio?
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GLP Quality Audit Manual
Authors: Milton A. Anderson
3rd Edition
0367398435, 978-0367398439
