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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 $1,500,000 $750,000 $450,000 $300,000 $450,000 $270,000 Sales Variable expenses Contribution margin ratio Traceable fixed expenses 38% $180,000 $150,000 $90,000 The total fixed expense for the company was $525,000. The contribution margin in dollars for Product B for June was: $45,000 $111,000 $180,000 $300,000
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