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Please solve it asap.Thanks in advance Hamilton, Incorporated has two divisions, Parker and Blaine. The following is the contribution margin income statement for the previous
Please solve it asap.Thanks in advance
Hamilton, Incorporated has two divisions, Parker and Blaine. The following is the contribution margin income statement for the previous year:
Seward | Charles | |
---|---|---|
Sales revenue | $ 829,800 | $ 553,200 |
Variable costs | 553,100 | 414,900 |
Contribution margin | $ 276,700 | $ 138,300 |
Fixed costs | 244,020 | 162,680 |
Net operating income (loss) | $ 32,680 | $ (24,380) |
Of the total fixed costs, $400,000 are common fixed costs that are allocated equally between the divisions. What is Parker Division's segment margin?
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