Please do not give solution in image format thanku Contribution Margin by SegmentThe following information is for Elm LeafApparel:Line Item Description East WestSales volume (units):Product AlphaProduct OmegaSales price:Product Alpha9,300 10,0005,200 10,400$10 $11$13$11Product OmegaVariable cost per unit:Product Alpha$6Product Omega $8$6$8a. Determine the contribution margin for theEast Region and West Region.East Region: fill in the blank 1 of 2$West Region: fill in the blank 2 of 2$b. Determine the contribution margin ratio forthe East Region and West Region. Round thecontribution margin ratio to one-tenth of apercent.East Region: fill in the blank 1 of 2%West Region: fill in the blank 2 of 2%

Contribution is the amount of money earned by the entity after deducting the variable costs from the…

Contribution Margin by Segment The following information is for Elm Leaf Apparel: Line Item Description East West Sales volume (units): Product Alpha Product Omega Sales price: Product Alpha Product Omega Variable cost per unit: Product Alpha $6 Product Omega $8 9,300 10,000 5,200 10,400 $10 $11 $13 $11 $6 $8 a. Determine the contribution margin for the East Region and West Region. East Region: fill in the blank 1 of 2$ West Region: fill in the blank 2 of 2$ b. Determine the contribution margin ratio for the East Region and West Region. Round the contribution margin ratio to one-tenth of a percent. East Region: fill in the blank 1 of 2% West Region: fill in the blank 2 of 2%

Contribution Margin by Segment The following information is for Elm Leaf Apparel: Line Item Description East West Sales volume (units): Product Alpha Product Omega Sales price: Product Alpha Product Omega Variable cost per unit: Product Alpha $6 Product Omega $8 9,300 10,000 5,200 10,400 $10 $11 $13 $11 $6 $8 a. Determine the contribution margin for the East Region and West Region. East Region: fill in the blank 1 of 2$ West Region: fill in the blank 2 of 2$ b. Determine the contribution margin ratio for the East Region and West Region. Round the contribution margin ratio to one-tenth of a percent. East Region: fill in the blank 1 of 2% West Region: fill in the blank 2 of 2%

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter21: Variable Costing For Management analysis

Section: Chapter Questions

Problem 5BE: Contribution margin by segment The following information is for LaPlanche Industries Inc.: Determine...

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Contribution Margin by Segment The following data are for Elm Leaf Apparel: East West Sales volume (units): Product XX 4,900 5,700 Product YY 5,600 9,800 Sales price: Product XX $25 $27 Product YY $28 $26 Variable cost per unit: Product XX $15 515 Product YY $17 517 a. Determine the contribution margin for Product YY. b. Determine the contribution margin for the West Region. %24
Determine the missing amounts. Unit SellingPrice Unit VariableCosts Unit ContributionMargin Contribution MarginRatio 1. $750 $375 $ (a) % (b) 2. $450 $ (c) $153 % (d) 3. $ (e) $ (f) $760 40 %
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