Of Digby Corporations products, which earned the highest Net Margin as a percentage of its sales?Ex Formula

Select: 1

Daft

Drum

Dim

Deal

Annual Report C59559 Digby Dec 2018 Income Statement 2018 Common Product Name Drum Daft Dea. Dim Na Na Na Na Size Total $57,231 $39,743 $45,148 $49,182 $0 $0 $0 $191,305 00.0% ales Variable Costs: rect Labor $7,864 $8.76 $9,613 $0 $0 $39,617 20.7% Direct Material $17,056 $17,310 $19,474 $0 $0 $75,749 39.6% $127 $369 $900 $94 $0 $0 $0 $2,337 ventory Carry 1.2% $30,028 $35,414 $25,290 $26,972 otal Variable $0 $0 $0 $117,703 61.5% $14,453 Contribution Margin $21,818 $18,176 $19,154 $0 $0 $0 $73,602 38.5 Period costs: $1,927 $2,493 $2,720 $0 $0 $0 $9,937 $2.797 5.2% preciation $655 $571 $0 $0 $0 $2,595 SG&A: R&D 1.4% $1,350 $1,350 $1,350 $1,350 $0 $0 $0 $5.400 2.8% Promotions Sales $1,000 $1,000 $900 $900 $0 $0 $0 $3,800 2.0% $386 $438 $477 $0 $0 $0 $1,856 Admin 1.0% $6,56 $5,318 $5.69 $6,018 $0 $0 $0 $23,588 12.3% otal Period et Margin $15,257 $9,136 $12,485 $13,136 $0 $0 $0 $50,014 1% 26, efinitionS ales sales times list price rect Or or COS ncurri uce at Was Other $6,682 3.5%. nventory Carry Cost: the cost to carry unsold goods in inventory, Depreciation: Calculated on straight-line 15-yea epreciation of plant value. Costs: department expenditures for each product. Admin: Administration EB $43,331 22.7% $2,187 Short Term Interest 1.1% overhead is estimated at 1.5% of sales. Promotions: The promotion budget for each product. Sales: The sales force $4,116 2.2%. LongTerm interes Taxes $12,960 6.8% $481 structor might assess. Write-offs include the loss you might experience when you sell capacity or liquidate inventory as Profit Sharing Net Profi 0.3% $23,587 12.3% he result of eliminating a production line. lfthe amo he liquidation of capacity or inve e Interest and Taxes. Short Term Interest: Interest expense Variable Margins ased on ast year's current deb cluding short term debt, long term notes that have become due, and emergency oans. Long Term Interest: Interest paid on outs anding bonds. Taxes ncome tax based upon a 35 ax rate. Profit 2008 Digby Sharing: Profits shared with employees under the labor contract. Net Profit: EBIT minus interest, taxes, and profit haring 40.0% 30.0% 20.0% 10.0% 0.09% E E a a a