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Q31 Ed Sheffield Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is 67% for Outdoor Sports and 33% for Indoor Sports.
Q31
Ed Sheffield Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is 67% for Outdoor Sports and 33% for Indoor Sports. Sheffield incurs $ 2424000 in fixed costs. The contribution margin ratio for the Outdoor Sports Division is 50%, while for the Indoor Sports Division it is 51%, The weighted-average contribution margin ratio is 50.67% 50.33% 50.50%. O 51.00% Save for Later Attempts: 0 of 1 used Submit Step by Step Solution
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