Channing Company has two divisions, S and T. The company's overall contribution margin ratio is 30% when sales in the two divisions total $750,000. If variable expenses are $450,000 in Division S, and if Division S's contribution margin ratio is25%, then sales in Division T must be: * $75,000 $150,000 $300,000 O $225,000

Survey of Accounting (Accounting I)
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Author:Carl Warren
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Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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Channing Company has two divisions, S and T. The company's overall
contribution margin ratio is 30% when sales in the two divisions total
$750,000. If variable expenses are $450,000 in Division S, and if Division
S's contribution margin ratio is25%, then sales in Division T must be: *
$75,000
$150,000
O $300,000
$225,000
Transcribed Image Text:Channing Company has two divisions, S and T. The company's overall contribution margin ratio is 30% when sales in the two divisions total $750,000. If variable expenses are $450,000 in Division S, and if Division S's contribution margin ratio is25%, then sales in Division T must be: * $75,000 $150,000 O $300,000 $225,000
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