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Blue Spruce Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements
Blue Spruce 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: Computers VG Systems Total Sales $756,000 $504,000 $1,260,000 Variable costs 529,200 403,200 932,400 Contribution margin $226,800 $100,800 327,600 Fixed costs 272,740 Net Income $54,860 (a) Determine the sales mix and contribution margin ratio for each division. Sales mix Contribution margin ratio eTextbook and Media Save for Later Computers VG Systems % % % Attempts: 0 of 1 used Submit Answer
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