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%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text: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
9,300 10,000
5,200 10,400
$10 $11
$13
$11
Product Omega
Variable cost per unit:
Product Alpha
$6
Product Omega $8
$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%
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