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Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: ParkerBlaineSales$747,500 $747,500 Variable Costs530,625 635,375 Contribution Margin$216,875 $112,125
Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year:
ParkerBlaineSales$747,500
$747,500
Variable Costs530,625
635,375
Contribution Margin$216,875
$112,125
Fixed Costs162,650
162,650
Profit Margin$54,225
$(50,525)
Of the total fixed costs, $320,000 are common fixed costs that are allocated equally between the divisions. What is Parker's segment margin?
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