Bramble Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 70 % forSporting Goods and 30% for Sports Gear. Bramble incurs $6880000 in fixed costs. Thecontribution margin ratio for Sporting Goods is 30 % , while for Sports Gear it is 50%. Theweighted-average contribution margin ratio is60%.36%O 44%.O 40%.

The contribution of the average amount which is made by the group of product and services for paying…

Answered: Bramble Corp. has two divisions;…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swifty incurs $6810000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted-average contribution margin ratio is 50%. 40%. 37%. 43%.
Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 55% for Sporting Goods and 45% for Sports Gear, as determined by total sales dollars. Sheridan incurs $6690000 in fixed costs. The contribution margin ratio for Sporting Goods is 20%, while for Sports Gear it is 60%. The weighted-average contribution margin ratio is
Vaughn Manufacturing has two divisions; Sporting Goods and Sports Gear. The sales mix is 75% for Sporting Goods and 25% for Sports Gear. Vaughn incurs $6890000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted-average contribution margin ratio is 70%. 35%. 40%. 45%.
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Sunland Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Sunland incurs $7492500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will be the total contribution margin at the break-even point? $6447035. $8707500. $7492500. $7560000.
Swifty Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 70% for Sporting Goods and 30% for Sports Gear, as determind by total sales dollars. Swifty incurs $7800000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 60%. The break-even point in dollars is? a.$2574000. b.$15294118. c.$13000000. d.$20000000.
Swanson Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swanson incurs $6,660,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted-average contribution margin ratio is Group of answer choices 43%. 37%. 40%. 50%.
Sheffield Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Sheffield incurs $7770000 in fixed costs. The contribution margin ratio for Sporting Goods is 30% , while for Sports Gear it is 50%. What will be the total contribution margin at the break-even point? $6685814. $9030000. O $7840000. O $7770000.
Bonita Industries has two divisions; Sporting Goods and Sports Gear. The sales mix is 75% for Sporting Goods and 25% for Sports Gear, as determined by total sales dollars. Bonita incurs $9500000 in fixed costs. The contribution margin ratio for Sporting Goods is 40%, while for Sports Gear it is 70%. What will sales revenue be for the Sporting Goods Division at the break-even point? $11400000 $14843750 $8000000 O $5000000
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