Tennison Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for May appear below: Sales revenues, Consumer $970,000

Sales revenues, Commercial $580,000

Variable expenses, Consumer $514,000

Variable expenses, Commercial $267,000

Traceable fixed expenses, Consumer $184,000

Traceable fixed expenses, Commercial $110,000

In addition, common fixed expenses totaled $371,000 and were allocated as follows: $186,000 to the Consumer business segment and $185,000 to the Commercial business segment.

The contribution margin of the Commercial business segment is:

A.) $769,000

B.) $272,000

C.) $313,000

D.) $86,000

A properly constructed segmented income statement in a contribution format would show that the segment margin of the Consumer business segment is:

A.) $ 272,000

B.) $ 270,000

C.) $86,000

D.) $514,000

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

A.) $769,000

B.) $104,000

C.) $475,000

D.) -$267,000