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TB MC Qu. 7-73 (Algo) Market Inc. has two divisions, Talbot... Market Inc. has two divisions, Talbot and Heather. Following is the income statement
TB MC Qu. 7-73 (Algo) Market Inc. has two divisions, Talbot... Market Inc. has two divisions, Talbot and Heather. Following is the income statement for the past month: ces Sales Variable Costs Contribution Margin Fixed Costs (allocated) Profit Margin Talbot Heather $262,500 $262,500 Total $525,000 228,375 65,625 294,000 34,125 196,875 231,000 101,450 101,450 202,900 $(67,325) $ 95,425 $ 28,100 What would Market's profit margin be if the Talbot division was dropped and all fixed costs are unavoidable?
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