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please answer the two questions! Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: Sales Variable Costs
please answer the two questions!
Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year: Sales Variable Costs Contribution Margin Fixed Costs Profit Margin Multiple Choice Of the total fixed costs, $320,000 are common fixed costs that are allocated equally between the divisions. What is Parker's segment margin? $70,400 $230,400 Parker Blaine $720,500 $720,500 489,600 576,400 $230,900 $144,100 160,500 $ 70,400 $230,900 160,500 $ (16,400) Grover Corp. manufactures three products, and is currently facing a labor shortage. The selling price, costs, and labor requirements of the three products are as follows: Selling price Variable cost per unit Direct labor hours per unit Multiple Choice In what order should Grover Corp. prioritize production of its products to maximize profit during the labor shortage? O O C A, C, B A, B, C C, A, B Product A Product B Product C $31.00 $13.50 $21.00 $12.00 1.25 .75 C, B, A $39.50 $29.00 1.75Step by Step Solution
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