Victoria Falls Flour Mill Company started many years ago producing a single product. Over the years it has grown to produce many diverse consumer products ranging from foods to paper goods. Currently, the

corporation is barely making a profit and the price of its stock has languished. Division managers have traditionally been incentivized with stock options and awards. However, management is evaluating a new bonus plan based on segment profits within each division. Below are 20X4 facts about the Sugar Products Division, which generates 10% of overall corporate revenue. The Sugar Products Division has two key products raw sugar and candy.

Total sales of raw sugar and candy	$45,880,000
Traceable, controllable, sugar division fixed costs	10,000,000
Traceable, uncontrollable, sugar division fixed costs	3,800,000
Non-traceable, controllable, sugar division fixed costs	1,700,000
Non-traceable, uncontrollable, sugar division fixed costs	1,700,000
Variable selling, general, & administrative costs	9,000,000
Variable product costs	21,000,000
General corporate expenses for all divisions	8,200,000

Calculate segment margin for the Sugar Division.