Ed Concord Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is...
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Ed Concord Corporation has two divisions: Outdoor Sports and indoor Sports. The sales mix is 56% for Outdoor Sports and 44% for Indoor Sports. Concord incurs $ 2425000 in fixed costs. The contribution margin ratio for the Outdoor Sports Division is 48%, while for the Indoor Sports Division it is 42%. The weighted average contribution margin ratio is 45.36%. 44.64% O 42.00% 45.00%
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