Ask Question
26 October, 07:53

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $19,500, and the common fixed expenses were $43,000. The contribution margin ratio for Product Q was 40%, its sales were $128,000, and its segment margin was $35,000. If the contribution margin for Product P was $33,000, the segment margin for Product P was:

+2
Answers (1)
  1. 26 October, 11:36
    0
    Segment margin of product P-$27,500.00

    Explanation:

    The total company's segment margin is net income plus common fixed expenses.

    Total segment margin=$19,500+$43,000=$62,500.00

    Total segment margin can be determined as the segment margin of products Q and P

    Segment margin of product Q is $35,000

    segment margin of product P=$62,500-$35,000=$ 27,500.00

    Hence, the segment margin of product P is $ 27,500.00
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Carroll Corporation has two products, Q and P. During June, the company's net operating income was $19,500, and the common fixed expenses ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers