Question
Falquez Company sells three products: R, S, and T. Data for activity of Falquez Company during July are as follows: Products Total R S T
Falquez Company sells three products: R, S, and T. Data for activity of Falquez Company during July are as follows:
| Products | ||||
| Total | R | S | T | |
| Sales | $ 2,240,000 | $ 420,000 | ? | $ 1,100,000 |
| Contribution margin ratio | 32% | ? | 25% | 40% |
| Traceable fixed expenses | $552,000 | $ 79,000 | $ 168,000 | ? |
Common fixed expenses for July amounted to $162,000. |
The segment margin for Product T was: |
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
