City retail sells two products: Standard and Deluxe. The company had sales of $800,000 during the current

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City retail sells two products: Standard and Deluxe. The company had sales of $800,000 during the current year.

The company’s contribution margin ratio was 40% and total fixed costs totaled $300,000.

Sales were $600,000 for Standard and $200,000 for Deluxe.

Traceable fixed costs were $150,000 for Standard and $90,000 for Deluxe.

Variable costs were $360,000 for Standard and $120,000 for Deluxe.

What is the segment margin for Deluxe product?

a. $(10,000)

b. $10000

c. $20000

d. $80000

Related Book For answer-question

Accounting Principles Part 3

ISBN: 978-1118306802

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Posted Date: Jan 17, 2021 08:46 AM

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