A company sells two products: Standard and Deluxe. The company had sales of $800,000 during...
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Accounting
A company sells two products: Standard and Deluxe. The company had sales of $800,000 during the current year. The companys 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 Deluxe product? a. $(10,000) b. $10000 c. $20000 d. $80000
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