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Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month: Parker Ginobili Sales $ 636,900 $ 333,700 Variable
Duncan Inc. has two divisions, Parker and Ginobili. Following is the income statement for the past month:
| Parker | Ginobili | |||
Sales | $ | 636,900 | $ | 333,700 |
|
Variable Costs | 202,900 |
| 169,100 |
| |
Contribution Margin | $ | _____________ | $ | ___________ |
|
Fixed Costs (allocated) | 215,900 | 151,200 |
| ||
Profit Margin | $ | ____________ | $ | _________ |
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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