Stillwater Stationery has two business segments, the Paper Segment and the Writing Implement Segment. The contribution margin for the Paper Segment is $98,000 and the contribution margin for the Writing Implement Segment is $250,000. If direct fixed costs for the Paper Segment are $22,000 and $87,000 for the Writing Implement segment, what is the overall divisional segment margin for Stillwater?

Answer rating: 100% (QA)

The adjusting entry to record the inventory shrinkage would includ... View the full answer