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Owen Audio shows the following information for its two divisions for year 1. Commercial Division Consumer Division Sales revenue Cost of sales Selling, General and
Owen Audio shows the following information for its two divisions for year 1. Commercial Division Consumer Division Sales revenue Cost of sales Selling, General and Administrative $ 1,836,000 1,101,600 275,400 $ 5,814,000 3,779,100 348,840 128,520 406,980 Allocated corporate overhead Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division Operating income
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