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Author Question: City Retail sells two products: Standard and Deluxe. The company had sales of $800,000 during the ... (Read 53 times)

olivia_rose

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on: Feb 5, 2023
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 the Deluxe product?
◦ $20,000
◦ $10,000
◦ $80,000
◦ ($10,000)
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by olivia_rose on Feb 5, 2023

BryanAultm

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Reply #1 on: Feb 5, 2023
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olivia_rose

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Reply 2 on: Feb 5, 2023
:D TYSM

Mochi

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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