WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c sec

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WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 68 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 Marigold Corp. has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available 18-19-20 a Question 1 Question 2 Question 4 $400000 190000 $210000 $600000 270000 $330000 Question 5 $1000000 Question Question 7 Question Question 9 Question 10 Question 11 Sales Variable costs Contribution margin Total fixed costs $300000 What is the weighted-average contribution margin ratio? Question13 Question 14 Question 15 50% 16% 80% 54% Question 20 Click if you would like to Show Work for this question: Open Show Work Question 25 Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER Version 4.24.2.4

Explanation / Answer

Answer is 54%

Particulars Standard Premium Total Sales (A) 400000 600000 1000000 Less: Varible Cost 190000 270000 460000 Contribution Margin (B) 210000 330000 540000 Contribution Margin Ratio (B/A) 52.50% 55.00% Weight (B)    = 4/10    = 6/10 Weighted 21.00% 33.00% 54.00%

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