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Cheyenne Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the
Cheyenne 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 $704,000 $176,000 $880,000 Variable costs 352.000 105,600 457,600 Contribution margin $352,000 $70,400 422,400 Fixed costs 160,320 Net income $262,080 (a) Determine the sales mix and contribution margin ratio for each division. Computers VG Systems Sales mix % % Contribution margin ratio % % Save for Later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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