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Thalassines kataskeves, S.A., of Greece makes marine equipment. The most recent quarterly contribution format income statement for the bilge pump product line follows: Thalassines kataskeves,

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Thalassines kataskeves, S.A., of Greece makes marine equipment. The most recent quarterly contribution format income statement for the bilge pump product line follows: Thalassines kataskeves, S.A. Income Statement-Bilge Pump For the Quarter Ended March 31 Sales Variable expenses: variable manufacturing expenses Sales commissions Shipping Total variable expenses Contribution margin Fixed expenses Advertising (for the bilge pump product line) Depreciation of equipment (no resale value) General factory overhead Salary of product-line manager Insurance on inventories Purehasing department Total fixed expenses Net operating lon $ 850.000 $ 330,000 42,000 18,000 390.000 460,000 270,000 80,000 105,000 32.000 8.000 45,000+ 540,000 6 (80,000) *Common costs allocated on the basis of machine hours. *Common costs allocated on the basis of sales dollars. Required: What is the segment margin of the bilge pump product line

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