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Ed Green Corporation has two divisions; Outdoor Sports and Indoor Sports.The sales mix is 60% for Outdoor Sports and 40% for Indoor Sports.Green incurs $2,420,000 in fixed costs.The contribution margin ratio for the Outdoor Sports Division is 40%, while for the Indoor Sports Division it is 50%.
-What will be the total contribution margin at the break-even point?
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to certain values.
Free Cash Flows
Funds generated by a corporation after subtracting cash spent on operational maintenance and preservation of capital assets.
Agency Relationship
A contractual relationship where one party (the principal) grants authority to another party (the agent) to act on its behalf.
Decision-Making Authority
The power or right allocated to individuals or groups to make decisions within an organization.
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