La Mesa Foods has the following data for its two divisions for the year: Dos...
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Accounting
La Mesa Foods has the following data for its two divisions for the year: Dos Revenues Cost of sales Allocated corporate overhead Other general & administration Uno $600,000 384,750 36,000 79,250 $1,900,000 950,000 114,000 550,000 Required: a. Compute divisional operating income for each of the divisions. Assume taxes are 30%. b. Calculate the gross margin ratio for each division. c. Calculate the operating margin ratio for each division. d. Calculate the profit margin ratio for each division
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