The following information is for Cabin Craft Apparel: Line Item Description East West Sales volume (units): Product Alpha 9,100 10,600 Product Omega 4,500 9, 500 Sales price: Product Alpha $20 $18 Product Omega $25 $26 Variable cost per unit: Product Alpha $12 $12 Product Omega $15 $15 a. Determine the contribution margin for the East Region and West Region. East Region: fill in the blank 1 of 25 West Region: fill in the blank 2 of 25 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 %

The following information is for Cabin Craft Apparel: Line Item Description East West Sales volume (units): Product Alpha 9,100 10,600 Product Omega 4,500 9, 500 Sales price: Product Alpha $20 $18 Product Omega $25 $26 Variable cost per unit: Product Alpha $12 $12 Product Omega $15 $15 a. Determine the contribution margin for the East Region and West Region. East Region: fill in the blank 1 of 25 West Region: fill in the blank 2 of 25 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 %

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 data are for Cabin Craft Apparel: East West Sales volume (units): Product XX 9,300 10,000 Product YY 6,100 12,900 Sales price: Product XX $18 $20 Product YY $23 $22 Variable cost per unit: Product XX $11 $11 Product YY $14 $14 a. Determine the contribution margin for Product YY.$fill in the blank 1 b. Determine the contribution margin for the West Region.$fill in the blank 2
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