Overall sales-contribution margin ratio-net operating income

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Reference no: EM131264506

Michaels Company segments its income statement into its East and West Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $580,000, 50%, and $29,000, respectively. The West Division’s contribution margin and contribution margin ratio are $172,500 and 75%, respectively. The East Division’s segment margin is $48,000. The company has $69,600 of common fixed costs that cannot be traced to either division.

Reference no: EM131264506

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