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Culver Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for
Culver 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 $696,000 $464,000 $1,160,000 Variable costs 487,200 371,200 858,400 Contribution margin $208,800 $92,800 301,600 Fixed costs 243,100 Net income $58,500 Determine the sales mix and contribution margin ratio for each division. Sales mix Contribution margin ratio Computers do % % do VG Systems % do do %
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