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QUESTION 11 Garden-King manufactures lawnmowers and weed-trimmers. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity

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QUESTION 11 Garden-King manufactures lawnmowers and weed-trimmers. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below Sales Variable costs Contribution margin Fixed costs Net income $1,400,000 $2,600,000 $4,000,000 S 780,0001,340,000 $ 890.000 840,000 S 560.000 Instructions: (Show your detailed calculations in the space below) a) Calculate sales mix percentage and contribution margin ratio for each division. b) Caloulate the company's weighted-average contribution margin ratio. c) Calculate the company's break-even point in dollars. d) Determine the sales level in dollars for each division at the break-even point e) Calculate the degree of operating leverage for Garden-King Company Paragraph Arial :-. I-. T . , . . 3(12pt) : Click Save and Submit to save and submit. Click Saue All Answers to saue all answers Save Al Answers

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