The home health care division of Medical Arts, Inc. generated $5,000,000 in revenues during the...
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Accounting
The home health care division of Medical Arts, Inc. generated $5,000,000 in revenues during the year. Variable expenses totaled $1,200,000, traceable fixed expenses totaled $1,600,000, and common (allocated) fixed expenses totaled $1,800,000. What was the division's segment margin for the year?
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