Multiple Choice
Use the following information for questions
Swanson Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Swanson incurs $6,660,000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%.
-What will sales be for the Sporting Goods Division at the break-even point?
A) $5,400,000
B) $6,300,000
C) $10,067,442
D) $11,700,000
Correct Answer:

Verified
Correct Answer:
Verified
Q34: The margin of safety ratio is<br>A) expected
Q35: When absorption costing is used, management may
Q36: Use the following information for questions
Q37: The CVP income statement classifies costs as
Q38: The required sales in units to achieve
Q40: Use the following information for questions <br>Sprinkle
Q41: Companies recognize fixed manufacturing overhead costs as
Q42: Greg's Breads can produce and sell
Q43: A shift from low-margin sales to high-margin
Q44: Use the following information for questions <br>Mercantile