Question
Sporting Goods sells athletic apparel, sports equipment, and shoes. The most recent annual segment margin income statement showed the following: Apparel Equipment Shoes Sales Revenue
Sporting Goods sells athletic apparel, sports equipment, and shoes. The most recent annual segment margin income statement showed the following:
| Apparel | Equipment | Shoes | |
| Sales Revenue | 575,000 | 160,000 | 745,000 |
| Variable Expenses | 245,000 | 125,000 | 323,000 |
| Contribution Margin | 330,000 | 30,000 | 422,000 |
| Fixed Costs | 75,000 | 50,000 | 95,000 |
| Segment Income | 255,000 | -20,000 | 327,000 |
What is the annual operating income of the company?
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Managerial Accounting Wileyplus Blackboard Student Package
Authors: Charles E. Davis, Elizabeth Davis
3rd Edition
1119342511, 978-1119342519
