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Carroll Company has two product lines, Q and P. During June, the company's net operating income was $25,000, and the common fixed expenses were $37,000.
Carroll Company has two product lines, Q and P. During June, the company's net operating income was $25,000, and the common fixed expenses were $37,000. The contribution margin ratio for Q was 30%, its sales were $200,000, and its segment margin was $21,000. If the contribution margin for P was $80,000, the segment margin for P was: 1) $62,000. 2) $59,000. 3) $62,000. 4) $41,000
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