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DR Question 5 of 9 0.13/0.5 HI! Views Show Attempt tory Current Attempt in Progress Santand is a manufacturer that specializes in three types of

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DR Question 5 of 9 0.13/0.5 HI! Views Show Attempt tory Current Attempt in Progress Santand is a manufacturer that specializes in three types of toy instruments: xylophones, electronic keyboardsand drumsets. Grandparents across the globe flock to stores so they can buy their kids kids these especially noisy toys. Company managers are equally excited about their products and wait the profit report for the year's performance. The following portis income statement was released to all managers Last week Xylophone Keyboard Drums Total Sales 5503.000 5903.000 $598.000 $2004.000 214.000 439.000 332.000 985.000 1019.000 289.000 464.000 266,000 Cost of goods sold Gross margin Operating expenses Operating income 811360 $207,640 Use scelto complete the following Your answer is partly correct 06 1027 2 Question 5 of 9 > 0.13/0.5 HI (a) Your swer partially correct The company has not previously allocated its operating expenses to the three product lines but wants to do so now. Managers believe operating expenses are incurred in a proportion similar to COGS for each product line. Allocate the operating expenses using each product line's proportion of its own COGS to totalCoas, then determine operating income and profiter percentage by product line. (Round proportion of total cost of goods sold and profit margin percentage to 2 decimal places 15.25%. Round final answers to decimal places, es 5,125. Enter loss using either a negative sin preceding the numbers-5,145 or -45% or parentheses eg (5.145) or (456) Xylophone Keyboard Drums Operating income $ $ 102389 7424 Profit margin percentage 213 X 96 x e Textbook and Media Save for Lite Attempts unlimited Submit Aw

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