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Bridgeport Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for
Bridgeport 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 $516,000 $344,000 $860,000 Variable costs 361,200 275,200 636,400 Contribution margin $154,800 $68,800 223,600 Fixed costs 154,700 Net income $68,900 Determine the sales mix and contribution margin ratio for each division. Computers VG Systems do % % Sales mix Contribution margin ratio % Calculate the company's weighted-average contribution margin ratio. Weighted-average contribution margin ratio % %
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