Bayside Wholesaling has the following data for its three divisions for the year. Required: a. Compute the
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Question:
Bayside Wholesaling has the following data for its three divisions for the year.
Required:
a. Compute the divisional gross margin, operating income, and net 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.
SB TH GM
Revenues | 1,200,000 | 3,800,000 | 2,800,000 |
Cost of Sales | 769,500 | 1,900,000 | 1,400,000 |
Allocated Corporate OH | 72,000 | 228,000 | 210,000 |
Other General & Administrative | 158,500 | 1,100,000 | 1,100,000 |
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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