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QUESTION 2 Quiz Company provided the following information related to its two product lines Product 1 Product 2 Units sold 20,000 10,000 $20 $15 Price

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QUESTION 2 Quiz Company provided the following information related to its two product lines Product 1 Product 2 Units sold 20,000 10,000 $20 $15 Price per unit Variable cost per unit Direct fixed costs 10 12 35 000 75.000 Common fixed costs total $45.000. Quiz Company allocated 1/3 of the common fixed costs to Product 1 and 2/3 of the common fixed costs to Product 2. All direct fixed costs will be avoidable if a product line is dropped Determine the segment margin for Product 1 Note: Give your answer using dollar signs and commas but no decimal points (cents) Express negative numbers in parentheses Example: $12,345 or S(12,345)

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