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LTB, Inc. reported the following income statement information for April: LTB, Inc. Division A Division B Sales ................... $420,000 $240,000 $180,000 Variable costs .......... $226,200
LTB, Inc. reported the following income statement information for April: LTB, Inc. Division A Division B Sales ................... $420,000 $240,000 $180,000 Variable costs .......... $226,200 $156,000 $ 70,200 Traceable fixed costs ... $105,600 $ 48,000 $ 57,600 Common fixed costs ...... $ 69,000 In May, LTB, Inc. initiated an advertising campaign in Division A costing $14,630. As a result, the sales in Division A increased by 18% in May. Part A.) The segment margin reported by Division A in May was equal to:
Group of answer choices
$64,570
$25,217
$55,930
$43,670
$36,490
$79,200
$27,850
none of the above choices are correct
Part B.) The segment margin reported by Division B in May was equal to:
Group of answer choices
$65,600
$76,900
$81,200
$52,800
$69,900
$84,400
$79,700
none of the above choices are correct
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