Owen Audio shows the following information for its two divisions for year 1. Consumer Division $...

 

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Owen Audio shows the following information for its two divisions for year 1. Consumer Division $ 1,879,200 1,127,520 293,400 Commercial Division $ 5,950,800 3,797,100 366,840 130,680 413,820 Sales revenue Cost of sales Selling, General and Administrative Allocated corporate overhead 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? Complete this question by entering your answers in the tabs below. Reg A Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division Req B1 Operating income Owen Audio shows the following information for its two divisions for year 1. Consumer Division $ 1,879,200 1,127,520 293,400 Commercial Division $ 5,950,800 3,797,100 366,840 130,680 413,820 Sales revenue Cost of sales Selling, General and Administrative Allocated corporate overhead 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? Complete this question by entering your answers in the tabs below. Reg A Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Consumer Division Commercial Division Req B1 Operating income

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To compute the divisional operating income for the two divisions we need to subtract the cost of sal... View the full answer