cation.com252F/activity/question group/kEZASSEPCAp G Gmail YouTube Maps News Translate Chapter 7 Assesment Seved Help Save & Exit Submil Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month 15 Howard Jones Total Sales Variable Costs $925,200 $616,800 $1,542, eee 662,880 $262,320 Contribution Margin Fixed Costs (allocated) 555,120 $1,218,eee $ 61,680 $ 324,eee 156,360 $(94,680) S (66,9e0) 234,540 390,900 Profit Margin $ 27,780 What would Davenport's profit margin be if the Jones division was dropped? Multiple Choice $66.900 loss
cation.com252F/activity/question group/kEZASSEPCAp G Gmail YouTube Maps News Translate Chapter 7 Assesment Seved Help Save & Exit Submil Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month 15 Howard Jones Total Sales Variable Costs $925,200 $616,800 $1,542, eee 662,880 $262,320 Contribution Margin Fixed Costs (allocated) 555,120 $1,218,eee $ 61,680 $ 324,eee 156,360 $(94,680) S (66,9e0) 234,540 390,900 Profit Margin $ 27,780 What would Davenport's profit margin be if the Jones division was dropped? Multiple Choice $66.900 loss
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Davenport Inc. has two divisions, Howard and Jones. Following is the income statement for the past month:
15
Howard
Jones
Total
Sales
$925, 200
$616,800 $1,542,000
Variable Costs
662,880
555,120 $1,218,000
$262,320
$ 61,680 $
324,000
Contribution Margin
Fixed Costs (allocated)
Profit Margin
234,540
156,360
390,900
$ 27,780 $ (94,680) $ (66,900)
What would Davenport's profit margin be if the Jones division was dropped?
Multiple Choice
$66,900 loss
$128,580 loss
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