Skyler White, Inc. manufactures and sells two products: Jeeps and Cell Phones. The following information was extracted from the company's accounting records from last period. The Jeep product line has the following breakout of product costs: Direct Materials

of $$60,000,$ Direct Labor of $$30,000,$ and Manufacturing Overhead of $$35,000.$ The remaining product costs are traceable fixed manufacturing overhead costs. The period costs of the Jeep line are made up of $$15,000$ of Sales Commissions $($which is

paid as a percentage of sales revenue$),$ and $$10,000$ of arbitrarily allocated common fixed costs. The Cell Phone line has a contribution margin percentage of $60\%.$ Of the fixed costs

in the Cell Phone line, $$30,000$ are traceable fixed costs and the remainder are arbitrarily allocated common fixed costs.

Which of the following statements is$$ incorrect?

Question $9$ options:

If the Cell Phone line was expected to achieve a segment margin of$$ $$170,000,$ management would be pleased with the performance of the division.

The$$ company's operating income for the period equals$$ $$250,000.$

Traceable costs for the Cell Phone line are$$ $$160,000.$

The variable cost percentage of the Cell Phone line is$40\%.$

The Jeeps line performance should be analyzed based on a segment margin of$$ $$115,000.$