Exercise 14-25 (Static) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1. Consumer Division $ 1,836,000 Commercial Division. $ 5,814,000 3,779,100 348,840 1,101,600 275,400 128,520 406,980 Sales revenue Cost of sales Selling, General and Administrative Allocated corporate overhead Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Req A Req B1 Operating income Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division

Exercise 14-25 (Static) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1. Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Compute divisional operating income for the two divisions. Ignore taxes