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Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March appear below: In addition, common
Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March appear below:
In addition, common fixed expenses totaled $ and were allocated as follows: $ to the Consumer business segment and $ to the Commercial business segment.
A properly constructed segmented income statement in a contribution format would show that the segment margin of the Consumer business segment is:
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