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
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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%.Bramble Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 70 % for Sporting Goods and 30% for Sports Gear. Bramble incurs $6880000 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 60%. 36% O 44%. O 40%.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%.
- 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%.Bonita Industries has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Bonita incurs $6012500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is $15031250. $2224625. $13982558. $16250000.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
- 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.Oriole Industries production division reported a net operating loss of $516000 in 2021. Included in that amount were common fixed corporate expenses of $734000 that were allocated to divisions based on segment gross profit. The division's segment margin was O $218000. O ($218000). O $516000. O ($516000).Wildhorse sells two products: Standard and Deluxe. The company had sales of $822000 during the current year. The company's contribution margin ratio was 40% and total fixed costs totaled $322000. Sales were $615000 for Standard and $207000 for Deluxe. Traceable fixed costs were $172000 for Standard and $110000 for Deluxe. Variable costs were $382000 for Standard and $102000 for Deluxe. What is the segment margin for the Deluxe product? O ($5000) O $5000 O $6800 O $105000
- Spenser Company sells two products, Delta and Alpha, with a sales mix of 80% and 20%, respectively. Delta has a contribution margin per unit of $24, and Alpha has a contribution margin per unit of $21. The company sold 600 total units in September. Calculate the total amount each product contributed to the coverage of fixed costs and the total contribution margin for the company. Select the formula labels and calculate the contribution margin for Delta and Alpha, then calculate the total contribution margin for the company.Coronado Industries has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Coronado incurs $5550000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point? $4500000. $5250000. $8389535. $9750000.Mienfoo Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume: Sales volume (units) 9,500 11,490 Cost of sales P 731,500 P 884,730 Selling and administrative costs P 696,000 P 739,780 The company sells the product for P134.00 per unit. The best estimate of the TOTAL CONTRIBUTION MARGIN when 10,070 units are sold is P