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Copr. Goedl Cincimnati Supply Corp, a supplier to Kraft Foods, has two divisions: the Alpha...

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Accounting

Copr. Goedl Cincimnati Supply Corp, a supplier to Kraft Foods, has two divisions: the Alpha Division and the Charlie Division. The Alpha Division has sales of $230,000, variable expenses of $131,100, and traceable fixed expenses of $63,300. The Charlie Division has sales of $540,000, variable expenses of $291,600 and traceable fixed expenses of $120,700. The total amount of common fixed expenses not traceable to the individual divisions is $119,200. What is the contribution margin ratio for Charlie division?
46%
43%
57%
54%
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