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Indigo Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable costing income statements for the
Indigo 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 $720,000 $480,000 $1,200,000 Variable costs 504,000 384,000 888,000 Contribution margin $216,000 $96,000 312,000 Fixed costs 255,060 Net income $56,940 (a) Your answer has been saved. See score details after the due date. Determine the sales mix and contribution margin ratio for each division Sales mix Contribution margin ratio Computers VG Systems 60 % 70 % 40 % 20 % (b) Calculate the company's weighted-average contribution margin ratio. Weighted average contribution margin ratio Save for Later % Attempts: 1 of 1 used Attempts: 0 of 1 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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