AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville
Fantastic news! We've Found the answer you've been seeking!
Question:
AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $115,000, a contribution margin of 40 percent, and a segment margin of $14,300. The company's two stores have total sales of $280,000, contribution margin of 37 percent, and a total segment margin of $31,600. The contribution margin for the Orlando store must have been:
$69,000.
$57,600.
$176,400.
$107,400.
Posted Date: