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please help with separate questions Indigo Chance Co. sells computers and video game systems. The business is divided into two divisions along product lines. Variable
please help with separate questions
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: Sales Variable costs Contribution margin Fixed costs Net income (a) Sales mix Computers $720,000 504,000 $216,000 Contribution margin ratio Determine the sales mix and contribution margin ratio for each division. eTextbook and Media Save for Later VG Systems $480,000 384,000 $96,000 Total $1,200,000 888,000 312,000 255,060 $56,940 Computers % % VG Systems % Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above (c) The parts of this question must be completed in order. This part will be available when you complete the part above Cheyenne Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 15%. Brake repair represents 20% of its sales and provides a 65% contribution margin ratio. The company's fixed costs are $12,120,000 (or $66,000 per service outlet). (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. Oil changes Brake repair $ Save for Later $ eTextbook and Media Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Submit Answer Reynolds, Inc. manufactures and sells two products. Relevant per unit data concerning each product are given below: Selling price Variable costs Machine hours. (a) Product Standard $50 $26 2 Deluxe $75 $33 3 Compute the contribution margin per unit of limited resource for each product. eTextbook and Medial Save for Later Contribution margin per unit of limited resource $ Standard Product Deluxe Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above Step by Step Solution
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