Please do not give solution in image format thanku Territory and Product Profitability Analysis.Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. Thesesurfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows:Sales priceVariable cost of goods sold perunitAtlanticWavePacificPounder2,8800AtlanticWave$300111Manufacturing margin per unitVariable selling expense per unit62Contribution margin per unit$40The sales unit volume for the territories and products for the period is as follows:WestEastCoast CoastContribution margin ratio$189117$721,4401,440East Coast West Coast$$$a. Prepare a contribution margin by sales territory report. Calculate the contribution margin ratio for each territory as awhole percent, rounded to two decimal places, if required.Coast to Coast Surfboards Inc.Contribution Margin by Territory$%PacificPounder$$$200%98$102

The contribution margin ratio, which is given as a percentage, shows how well a business covers its…

Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows: Sales price Variable cost of goods sold per unit Atlantic. Wave Pacific Pounder 2,880 0 Atlantic Wave $300 Manufacturing margin per unit $189 Variable selling expense per unit 117 Contribution margin per unit $72 $40 The sales unit volume for the territories and products for the period is as follows: West East Coast Coast 111 Contribution margin ratio 1,440 1,440 East Coast West Coast $ $ $ $ a. Prepare a contribution margin by sales territory report. Calculate the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required. Coast to Coast Surfboards Inc. Contribution Margin by Territory % $ Pacific Pounder $ es $200 % 98 $102 62

Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows: Sales price Variable cost of goods sold per unit Atlantic. Wave Pacific Pounder 2,880 0 Atlantic Wave $300 Manufacturing margin per unit $189 Variable selling expense per unit 117 Contribution margin per unit $72 $40 The sales unit volume for the territories and products for the period is as follows: West East Coast Coast 111 Contribution margin ratio 1,440 1,440 East Coast West Coast $ $ $ $ a. Prepare a contribution margin by sales territory report. Calculate the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required. Coast to Coast Surfboards Inc. Contribution Margin by Territory % $ Pacific Pounder $ es $200 % 98 $102 62

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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