Cervetti Corporation has two major business segments-East and West. In July, the East business segment had sales revenues of $390,000, variable expenses of $210,000, and traceable fixed expenses of $46,000. During the same month, the West business segment had sales revenues of $1,060,000, variable expenses of $540,000, and traceable fixed expenses of $203,000. The common fixed expenses totaled $314,000 and were allocated as follows: $157,000 to the East business segment and $157,000 to the West business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the East business segment is:
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Cervetti Corporation has two major business segments-East and West. In July, the East business segment had sales revenues of $390,000, ...” 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.
Home » Business » Cervetti Corporation has two major business segments-East and West. In July, the East business segment had sales revenues of $390,000, variable expenses of $210,000, and traceable fixed expenses of $46,000.