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Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month: Sales Parker 693,100 $ 270,200 Ginobili 356,600 220,500
Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month: Sales Parker 693,100 $ 270,200 Ginobili 356,600 220,500 Variable Costs $ Contribution Margin Fixed Costs (allocated) Profit Margin 287,000 184,300 $ What would Duncan's profit margin be if the Ginobili division was dropped? If a loss, indicate with a - (negative sign) before your answer. Example: a loss of $1,000 would be answered -1,000
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