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Blossom sells two products: Standard and Deluxe. The company had sales of $801000 during the current year. The company's contribution margin ratio was 40% and
Blossom sells two products: Standard and Deluxe. The company had sales of $801000 during the current year. The company's contribution margin ratio was 40% and total fixed costs totaled $301000. Sales were $602000 for Standard and $199000 for Deluxe. Traceable fixed costs were $151000 for Standard and $91000 for Deluxe. Variable costs were $361000 for Standard and $121000 for Deluxe. What is the segment margin for the Standard product?
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