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< Contribution Margin by Segment The following information is for Elm Leaf Apparel: Sales volume (units): Product Alpha Product Omega Sales price: East West 4,800 5,000 3,400 5,200 Product Alpha $18 $20 Product Omega $23 $22 Variable cost per unit: Product Alpha Product Omega $11 $11 $14 $14 a. Determine the contribution margin for the East Region and West Region. East Region: $ West Region: $ 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: West Region: % %

< Contribution Margin by Segment The following information is for Elm Leaf Apparel: Sales volume (units): Product Alpha Product Omega Sales price: East West 4,800 5,000 3,400 5,200 Product Alpha $18 $20 Product Omega $23 $22 Variable cost per unit: Product Alpha Product Omega $11 $11 $14 $14 a. Determine the contribution margin for the East Region and West Region. East Region: $ West Region: $ 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: West Region: % %

FINANCIAL ACCOUNTING
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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< Contribution Margin by Segment The following information is for Elm Leaf Apparel: Sales volume (units): Product Alpha Product Omega Sales price: East West 4,800 5,000 3,400 5,200 Product Alpha $18 $20 Product Omega $23 $22 Variable cost per unit: Product Alpha Product Omega $11 $11 $14 $14 a. Determine the contribution margin for the East Region and West Region. East Region: $ West Region: $ 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: West Region: % %
Transcribed Image Text:< Contribution Margin by Segment The following information is for Elm Leaf Apparel: Sales volume (units): Product Alpha Product Omega Sales price: East West 4,800 5,000 3,400 5,200 Product Alpha $18 $20 Product Omega $23 $22 Variable cost per unit: Product Alpha Product Omega $11 $11 $14 $14 a. Determine the contribution margin for the East Region and West Region. East Region: $ West Region: $ 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: West Region: % %
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