Assume a company with two divisions (A and B) prepared the following segmented income statement:...

80.2K

Verified Solution

Question

Accounting

Assume a company with two divisions (A and B) prepared the following segmented income statement:

A B Total
Sales $ ? $ 200,000 $ ?
Variable expenses 120,000 140,000 260,000
Contribution margin ? ? ?
Traceable fixed expenses 100,000 ? ?
Segment margin $ ? $ (20,000 ) ?
Common fixed expenses 50,000
Net operating income $ 10,000

What is the companys total sales?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students