Lita company has two divisions: Division A and division B. Last month the company's income before teax was $2000 and common fixed expenses were $800. division B's segmend profit margin was $1100. Divisions A's traceable fixed expenses were $300. How much was Divisions A's segment contribution margin? $1000 $400 $2000 $1400 None of those

Lita company has two divisions: Division A and division B. Last month the company's income before teax was $2000 and common fixed expenses were $800. division B's segmend profit margin was $1100. Divisions A's traceable fixed expenses were $300. How much was Divisions A's segment contribution margin? $1000 $400 $2000 $1400 None of those

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $43,800 for Division A Division B had a contribution margin ratio of 40% and its sales were $297,000. Net operating income for the company was $34,500 and traceable fixed expenses were $57,800. Corbel Corporation's common fixed expenses were: Multiple Choice $162,600 $128,100 $70,300 $57,800 4
Wade Corporation has two divisions: Division A and Division B. Data from the most recent month appear below: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income S O $144,681 O $217,165 O $361,623 Total Company S O $267,367 591,000 275,580 315,420 193,000 122,420 66,010 56,410 $ The break-even in sales dollars for Division A is closest to: $ Division A 232,000 123,220 108,780 68,000 40,780 Division B $ 359,000 152,360 206,640 125,000 81,640 $
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Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $43,000 for Division A. Division B had a contribution margin ratio of 30% and its sales were $240,000. Net operating income for the company was $35,200 and traceable fixed expenses were $50,400. Corbel Corporation's common fixed expenses were:
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