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Carroll Corporation has two products, Q and P . During June, the company's net operating income was $ 2 0 , 5 0 0 ,

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $20,500, and the common fixed expenses were $45,000. The contribution margin ratio for Product Q was 40%, its sales were $130,000, and its segment margin was $37,000. If the contribution margin for Product P was $35,000, the segment margin for Product P was:
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$65,500
$37,000
$8,000
$28,500

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