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This question has two parts. Select the answer choice that aligns with the order of the questions below Answer: part 1; part 2. Wilmington Corporation

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This question has two parts. Select the answer choice that aligns with the order of the questions below Answer: part 1; part 2. Wilmington Corporation has two major business segments-Retail and Wholesale. In July, the Retail business segment had sales revenues of $100,000, variable expenses of $54,000, and traceable fixed expenses of $16,000. During the same month, the Wholesale business segment had sales revenues of $920,000, variable expenses of $386,000, and traceable fixed expenses of $156,000. Common fixed expenses totaled $269,000 and were allocated as follows: $156,000 to the Retail business segment and $113,000 to the Wholesale business segment. 1. On a contribution margin % basis, which segment contributes more per dollar to cover segment fixed costs? 2. On a % basis, which segment has the greater segment margin? Retail; Retail Retail; Wholesale O Wholesale; Retail Wholesale; Wholesale

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