Corporation has two products, Large and Small.

In the last period, the Corporation's net operating income was $21,500, and the common fixed expenses were $47,000.

The contribution margin ratio for Product Large was 40%, its sales were $132,000, and its segment margin was $39,000.

Q. If the corp's contribution margin for Product Small was $37,000, what was the segment margin for Product Small?

Multiple Choice $8.000 $29,500 $68,500 $39,000