Marigold 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 $752,000 $188,000 $940,000 Variable costs 376,000 112,800 488,800 Contribution margin $376,000 $75,200 451,200 Fixed costs 178,080 Net income $273,120 (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 VG Systems Sales mix enter percentages 80 % enter percentages 20 % Contribution margin ratio enter percentages 50 % enter percentages 40 %

Marigold 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 $752,000 $188,000 $940,000 Variable costs 376,000 112,800 488,800 $376,000 $75,200 451,200 Contribution margin Fixed costs 178,080 Net income $273,120 (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 VG Systems Sales mix 80 % 20 % de Contribution margin ratio 50 % 40 % Attempts: 1 of 1 used (b) Calculate the company's weighted-average contribution margin ratio. Weighted-average contribution margin ratio % Save for Later Attempts: 0 of 1 used Submit