Owen Audio shows the following information for its two divisions for year 1. Sales revenue Cost...
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Owen Audio shows the following information for its two divisions for year 1. Sales revenue Cost of sales Selling, General and Administrative Allocated corporate overhead Required: Commercial Division Consumer Division $ 1,860,000 1,116,000 $ 5,890,000 3,789,100 285,400 129,720 358,840 410,780 a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division Operating income < Req A Req B1 > Owen Audio shows the following information for its two divisions for year 1. Sales revenue Cost of sales Selling, General and Administrative Allocated corporate overhead Required: Commercial Division Consumer Division $ 1,860,000 1,116,000 $ 5,890,000 3,789,100 285,400 129,720 358,840 410,780 a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division Operating income < Req A Req B1 >
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