Hamilton and Battles, Ltd. produces and sells two productsguitar cases and violin cases. Each of these products is made in a dedicated manufacturing facility, and the product line managers are evaluated based on the product lines return on investment. The following data is from the most recent year of operations.

Guitar Cases Violin Cases

Sales $3,034,000 $4,522,000

Variable costs 1,212,000 2,710,000

Direct fixed costs 1,441,000 1,534,400

Average assets 2,000,000 1,500,000

(a) Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, e.g. 5.12 and 5.12%.)

Guitar Cases Violin Cases

Margin ___________ % __________%

Asset turnover _____________ ______________