1. The highest Contribution Margin is:2. The highest Contribution Margin Ratio is:Note: Enter up to three decimals. For example, for 36.28^% enter 0.363.3. Which margin is most useful in evaluating segment viability?a) Contribution margin'b) None of the abovec) Controllable contribution margind) Segment Margin4. Which margin is most useful in evaluating segment management?a) Segment marginb) Contribution marginc) Controllable contribution margind) ROA margin5. The Contribution Margin can be calculated under the Absorption Costing method.a) Trueb) False

XY CORPORATE SUMMARY REPORT CONTRIBUTION INCOME STATEMENTS For the Year Ending December 31, 20XX _ Company Total Division X Division Y Net sales 1..m LIME w, Less: Variable product cost 450,000 250,000 200,000 Variable SG&A . EM m,m Total variable cost , ,w ,m Controllable contribution margin 725,000 325,000 400,000 Less: Controllable xed costs 250,000 85,000 100,000 Controllable contribution margin 540,000 240,000 300,000 Less: Uncontrollable xed costs 22_5,0| ,m ,m Segment margin 315,000 165,000 150,000 Less: General corporate costs 250,000 _ Net income @300 Which division has the higher contribution margin? >>>> Which division has the higher contribution margin ratio? >>>> Which margin is most useful in evaluating segment viability? >>>> Which margin is most useful in evaluating segment management? >>>> Controllable