Multiple Choice
Use the following information for items
Ed Green Corporation has two divisions; Outdoor Sports and Indoor Sports.The sales mix is 60% for Outdoor Sports and 40% for Indoor Sports.Green incurs $2,420,000 in fixed costs.The contribution margin ratio for the Outdoor Sports Division is 40%, while for the Indoor Sports Division it is 50%.
-The weighted-average contribution margin ratio is
A) 44%.
B) 45%.
C) 46%.
D) 50%.
Correct Answer:
Verified
Correct Answer:
Verified
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