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Data for January for Bondi Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $166,700 and
Data for January for Bondi Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $166,700 and were allocated as follows: $86,600 to the North business segment and $80,100 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is: Multiple Choice $171,000 $356,400 $97,500 $184,100
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