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7. Boone Corporation's income statement for the most recent month is given below. Company Store G Store H Sales 150,000 60,000 90,000 Variable expenses 60,000
7. Boone Corporation's income statement for the most recent month is given below. Company Store G Store H Sales 150,000 60,000 90,000 Variable expenses 60,000 30,000 30,000 Contribution margin 90,000 30,000 60,000 Traceable fixed expenses 60,000 15,000 45,000 Division segment margin 30,000 15,000 15,000 Common fixed expenses 10,000 Net operating income $20,000 Store H sales will increase by $15,000 with no change in fixed costs. What is the new division segment margin for Store H?
Group of answer choices $35,000 $25,000 $40,000 $50,000
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