Question: can anyone help me solve this problem. I've posted it once already but they gave me wrong answers too. (the operating incomes are not 866,800

can anyone help me solve this problem. I've posted it once already but they gave me wrong answers too. (the operating incomes are not 866,800 and 2,732,000 either)  can anyone help me solve this problem. I've posted it once
already but they gave me wrong answers too. (the operating incomes are

Arlington Clothing, Inc., shows the following information for its two divisions for year 1. Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region $4,040,000 2,631,300 242,400 541,900 Coastal Region $12,950,000 6,475,000 777,000 3,743,000 Required: 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Rega Reg 1 Red B2 Compute divisional operating income for the two divisions. Ignore taxes. (Enter your answers in thousands of dollars to 1 decimal place.) Lake Region $824,400.0 Coastal Region $1.955.0000 Operating income Arlington Clothing, Inc., shows the following information for its two divisions for year 1. Sales revenue Cost of sales Allocated corporate overhead Other general and administration Lake Region $4,040,000 2,631,300 242,400 541,900 Coastal Region $12,950,000 6,475,000 777,000 3,743,000 Required: 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 What are the gross margin and operating margin percentages for both divisions? (Enter your answers as a perce rounded to 2 decimal places (.e., 32.12).) Lake Region Coastal Region Gross margin porcentage 34.87 % 50.00 % Operating margin 0.08 % 0.15 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!