Arlington Clothing, Inc., shows the following information for its two divisions for year 1. Sales...
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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 $4,130,000 2,676,308 247,899 550,900 Coastal Region $13,940,000 6,520,000 782,499 3,752, eee 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. Req A Reg B1 Reg B2 Compute divisional operating income for the two divisions. Ignore taxes. (Enter your answers in thousands of dollars rounded to 1 decimal place.) Lake Region Coastal Region Operating income ReqA Req B1 > Reg A Reg B1 Reg B2 What are the gross margin and operating margin percentages for both divisions? (Enter your answers as a percentage rounded to 2 decimal places (i.e., 32.12).) Lake Region Coastal Region Gross margin percentage Operating margin
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