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Question 17 (7 points) The management accountant for the Martino Organics has prepared the following segmented income statement for the most current year Produce Fish&
Question 17 (7 points) The management accountant for the Martino Organics has prepared the following segmented income statement for the most current year Produce Fish& Meat Sundries Total $80,000 $120,000 $60,000 $260,000 20,000 121,000 139,000 00047.000 92,000 Sales Variable expenses Contribution margin Other costs 36,000 65,000 40,000 44,000 55,000 21000 8.0 18,000 34,000 Segment margin 26,000 32,000 Allocated avoidable costs 2,000 3,000 3,000 8,000 Segment income 24,000 31,000 29,000 84,000 Allocated corporate costs 21,000 0007.000 $17,000 $24,000 $22,000 $63,000 Corporate profit If the Fish & Meat department had been discontinued, the short-term effect on corporate profits would be a decrease of: $55,000 $34,000 $31,000 $24,000
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