Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. ed concord corporation has two divisions: outdoor

Ed Concord Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is...

90.2K

Verified Solution

Question

Finance

image
Ed Concord Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is 56% for Outdoor Sports and 44% for Indoor Sports. Concord incurs $ 2425000 in fixed costs. The contribution margin ratio for the Outdoor Sports Division is 48%, while for the Indoor Sports Division it is 42%. The weighted average contribution margin ratio is 45.36%. 44.64% O 42.00% 45.00%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Use the Financial database from “Excel Databases.xls” on Blackboard. Use Total Revenues, Total Assets, Return on...

Chemistry
1.2K views

Preparation and characterizations of integrated CuO electrode

Psychology
1.2K views

1.) Discuss the five central beliefs of Islam, which can be grouped under the Arabic term...

Electrical Engineering
1.2K views

Using Arduino , TCNT0 with PWM How do you pick a prescaler and OCR0A to get...

Psychology
1.2K views

What is REAL worship? How important is \"worship\" to \"faith\"? What are the differences between a...

Physics
1.2K views

A skier is skiing downhill at constant speed. The slope is inclined at 10o with respect...

Accounting
1.2K views

Garnett Co. expects to purchase $180,000 of materials in July and $210,000 of materials in...

Accounting
1.2K views

Select all that apply Negotiated transfer prices Blank______. ...

Accounting
1.2K views

Mark Welsch deposits $7,600 in an account that earns interest at an annual rate of...

Accounting
1.2K views

what was the role of the top-level executive in the Enron collapse? Give me some...

Finance
1.2K views

The average life for an SBA-guaranteed business loan is years. Select one: a....

Accounting
1.2K views

1. MC.09-82.Algo (Algorithnic) A machine with a cost of $52,600.00 has an estimated residual value...