Use the following information to answer the next two questions: Fields Corporation has two divisions;...
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Use the following information to answer the next two questions: Fields Corporation has two divisions; Sporting Goods and Sports Gear. The sales mix is 65%for Sporting Goods and 35% for Sports Gear. Fields ir urs $3,330,000 in fixed costs. The contribution margin ratio for Sporting Goods is 50%, which for Sports Gear it is 30%. The weighted-average contribution margin ratio is: o 37% 40% 43% 50%
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