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Carroll Corporation has two products, Q and P. During June, the company's net operating income was $22,000, and the common fixed expenses were $48,000. The

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Carroll Corporation has two products, Q and P. During June, the company's net operating income was $22,000, and the common fixed expenses were $48,000. The contribution margin ratio for Product Q was 40%, its sales were $133,000, and its segment margin was $40,000. If the contribution margin for Product P was $38,000, the segment margin for Product P was: Multiple Choice $30,000 $40,000 $8,000 $70,000

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