Contribution Margin by Segment The following information is for Elm Leaf Apparel: Line...
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Accounting
Contribution Margin by Segment
The following information is for Elm Leaf Apparel:
| Line Item Description | East | West |
|---|---|---|
| Sales volume (units): | ||
| Product Alpha | 9,300 | 10,000 |
| Product Omega | 5,200 | 10,400 |
| Sales price: | ||
| Product Alpha | $10 | $11 |
| Product Omega | $13 | $11 |
| Variable cost per unit: | ||
| Product Alpha | $6 | $6 |
| Product Omega | $8 | $8 |
a. Determine the contribution margin for the East Region and West Region. East Region: fill in the blank 1 of 2$ West Region: fill in the blank 2 of 2$
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%
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