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A Company has two Stores, M and N. Store N had sales of $216,000 during March, a segment margin of $60,300, and traceable fixed expenses
A Company has two Stores, M and N. Store N had sales of $216,000 during March, a segment margin of $60,300, and traceable fixed expenses of $29,800. The company as a whole had a contribution margin ratio of 25% and $127,500 in total contribution margin. Based on this information, total variable expenses in Store M for the month must have been: $256,600 or $129,100 or $382,500 or $294,000
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