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Higgins Corporation sells three products, Product A, Product B, and Product C. Data concerning the company's most recent month of operations, June, appear below: Products
Higgins Corporation sells three products, Product A, Product B, and Product C. Data concerning the company's most recent month of operations, June, appear below: Products Total Company A B C Sales $1,500,000 $750,000 $450,000 $300,000 Variable expenses $450,000 $270,000 Contribution margin ratio 38% Traceable fixed expenses $180,000 $150,000 $90,000 The total fixed expense for the company was $525,000. The product line segment margin for Product A for June was:
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