Question
More Co has two divisons L & MDuring July the Cont Margin in Division L was $60,000 The Contribution margin ratio in Division M was
More Co has two divisons L & MDuring July the Cont Margin in Division L was $60,000 The Contribution margin ratio in Division M was 40% & its sales were $250,000 Division M's segment margin was $60,000.The common fixed expeneses were $50,000 the company Op Income was $20,000 What was the semgent margin for Division L?
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
