Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses Time Warner, Inc. Segment Revenues (in millions) Tumer (cable networks and digital media) $29.400 Home Box Office (pay television) 66,700 Wamer Bros: (films, television, and videos 60,000 Assume that the variable costs as a percent of sales for eady sementare as follows: Tumer 45% Home Box Otnice 38 Wamer Bros 38% a. Determine the man and contribution marginatio for each woment from the information von When required, round to the nearest whole millionth (for example, round 5,633.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given Turner Home Box Office Warner Bros Revenues Variable costs Contribution margin Contribution margin ratione percent) b. Does your wer to that the other segments are more prontable businesses The the common margintate of soment should not be interpreted as being the sement the volume of businot My Email Save and Suomi Assignment for Grading MacBook Air Home Box Office (pay television) Womer Bros. (film, television, and videos) 66,700 60,000 Assume that the variable costs as percent of sales for each segment are as follows: Turner 45% Home Box Office 38% Warner Bros. 38% Determine the contribution margens and contribution margin ratio for each segment from the information given when required, round to the nearest whole millionth (for example, round 5,638.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given Turner Home Box Office Warner Bros. Revenues Variable costs Contribution margin Contribution margin ratio tos a percent) b. Does your answer to mean that the other segments are more probable bunesses The ne contention marginagment should not be interpreted as being the profitable segment. If the volume of business is not ucent to exceed the seven point, then the segments would be In the final analysis, the fixed costs should be considered in determining the overall probably the mos The shows how sensitive the protwil be to changes in volume De Previous Submit Assignment for Grading 20