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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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