Question: JAV Help Save & EXE Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: Sales Variable costs

 JAV Help Save & EXE Hamilton, Inc. has two divisions, Parker

JAV Help Save & EXE Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: Sales Variable costs Contribution Margin Fixed Costs Profit Margin Parker Blaine $720,500 $720,500 489,600 576,400 $230,900 $144,100 160,500 160,500 $70,400 $(16,400) of the total fixed costs. $320,000 are common fixed costs that are allocated equally between the divisions. What would Hamilton's profit margin be if Blaine were dropped? Multiple Choice $89,600 O $54,000 OS(1.000) $189,600)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!