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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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