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what would market profit margin be if the Talbot division was dropped and all fix costs are unavoidable TB MC Qu. 7-73 (Algo) Market Inc.
what would market profit margin be if the Talbot division was dropped and all fix costs are unavoidable
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: Sales Variable costs Contribution Margin Fixed Costs (allocated) Profit Margin Talbot Heather Total $303,000 $202,000 $505,000 206,600 40,400 247,000 96,400 161,600 258,000 103,740 69,160 172,900 $ (7,340) $ 92,440 $ 85,100 What would Market's profit margin be if the Talbot division was dropped and all fixed costs are unavoidable? Multiple Choice $7,340 loss 1 Ace Step by Step Solution
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