Question
Fun-Town Amusement Center offers a variety of family entertainment. The amusement center consists of three separate divisions: 1. Miniature Golf: Revenue $225,000; Variable Expenses $50,000;
Fun-Town Amusement Center offers a variety of family entertainment. The amusement center consists of three separate divisions: 1. Miniature Golf: Revenue $225,000; Variable Expenses $50,000; & Traceable Expenses $30,000; 2. Arcade: Revenue $500,000; Variable Expenses $100,000; &Traceable Expenses $40,000; & 3. Laser Tag: Revenue $300,000; Variable Expenses $75,000; & Traceble Expenses $35,00. Common fixed costs of $60,000 are divided equally among the divisions. *Hint: You should consider formatting as a single composite income statement to resolve, i.e., to view each segment's revenue and expense Refer to the Fun-Town Amusement Center information above. The segment margin ratio for the laser tag division is:
63.33% 56.67% 75.00% 84.44%
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