Clemmens Corporation has two major business segments: Consumer and Commercial. Data for the segments and...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Clemmens Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for August appear below:
| Sales revenues, Consumer | $390,000 |
| Sales revenues, Commercial | $530,000 |
| Variable expenses, Consumer | $179,000 |
| Variable expenses, Commercial | $265,000 |
| Traceable fixed expenses, Consumer | $59,000 |
| Traceable fixed expenses, Commercial | $64,000 |
In addition, common fixed expenses totaled $265,000 and were allocated as follows: $135,000 to the Consumer business segment and $130,000 to the Commercial business segment. The contribution margin of the Commercial business segment is:
options:
| $17,000 | |
| $152,000 | |
| $476,000 | |
| $265,000 |
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.