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D Question 4 3.33 pts Litmus Inc. has two divisions, East and West. During the month of June, Litmus reports operating income of $255,000 and
D Question 4 3.33 pts Litmus Inc. has two divisions, East and West. During the month of June, Litmus reports operating income of $255,000 and common fixed costs of $550,000. The West Division reports sales of $1,400,000, a contribution margin of $560,000, and a segment margin of $470,000. The East Division reports sales of $1,500,000 and a contribution margin of $450,000. What is the East Division's segment margin for the month of June? $80,000 $335.000 $470.000 $805.000 Question 24 3.33 pts Whippet Shoes Inc. has three product lines: Running Shoes, Hiking Shoes and Walking Shoes. The CEO of Whippet would like to quantity the effect of discontinuing the Walking Shoe product line on the company's future profits. The best number for the CEO to look at to determine the effect of eliminating this product line on the operating income of the company as a whole would be the Walking Shoe product line's Sales less variable costs. Sales less the sum of variable costs and an allocated portion of common fixed costs. Sales less the sum of variable costs and traceable fixed costs. Sales less the sum of cost of goods sold and traceable fixed costs. Sales less the sum of variable costs, traceable fixed costs, and an allocated portion of common fixed costs
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