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Grouper Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for
Grouper 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 $644,000 $276,000 $920,000 Variable costs 386,400 193,200 579,600 Contribution margin $257,600 $82,800 340,400 Fixed costs 172,050 Net income $168,350 (a) Your answer has been saved. See score details after the due date. Determine the sales mix and contribution margin ratio for each division. Computers Sales mix 70 Contribution margin ratio 40 % VG Systems % 30 %
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