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Assume a company with two divisions (A and B) prepared the following segmented income statement 8 $ 300,000 140,000 Multiple Choice Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income If Division A's contribution margin ratio is 40% , then what is the company's total sales? $600,000 $500,000 A $480,000 $7 120,000 ? 60,000 $? Total ? 80,000 $ 80,000 $7 260,000 ? 140,000 ? 50,000 $?

Assume a company with two divisions (A and B) prepared the following segmented income statement 8 $ 300,000 140,000 Multiple Choice Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income If Division A's contribution margin ratio is 40% , then what is the company's total sales? $600,000 $500,000 A $480,000 $7 120,000 ? 60,000 $? Total ? 80,000 $ 80,000 $7 260,000 ? 140,000 ? 50,000 $?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Assume a company with two divisions (A and B) prepared the following segmented income statement В $ 300,000 140,000 Multiple Choice Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income If Division A's contribution margin ratio is 40%, then what is the company's total sales? $600,000 $500,000 A $480,000 $7 120,000 ? 60,000 ? 80,000 $? $ 80,000 Total $? 260,000 ? 140,000 ? 50,000 $?
Transcribed Image Text:Assume a company with two divisions (A and B) prepared the following segmented income statement В $ 300,000 140,000 Multiple Choice Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income If Division A's contribution margin ratio is 40%, then what is the company's total sales? $600,000 $500,000 A $480,000 $7 120,000 ? 60,000 ? 80,000 $? $ 80,000 Total $? 260,000 ? 140,000 ? 50,000 $?
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