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Tubaugh Corporation has two major business segments-East and West. In December, the East business segment had sales revenues of $360,000, variable expenses of $195,000, and traceable fixed expenses of $43,000. During the same month, the West business segment had sales revenues of $1,030,000, varia expenses of $528,000, and traceable fixed expenses of $197,000. The common fixed expenses totaled $302,000 and were allocated as follows: $151,000 to t East business segment and $151,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $502,000 $(31,000) $681,000

Tubaugh Corporation has two major business segments-East and West. In December, the East business segment had sales revenues of $360,000, variable expenses of $195,000, and traceable fixed expenses of $43,000. During the same month, the West business segment had sales revenues of $1,030,000, varia expenses of $528,000, and traceable fixed expenses of $197,000. The common fixed expenses totaled $302,000 and were allocated as follows: $151,000 to t East business segment and $151,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $502,000 $(31,000) $681,000

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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Tubaugh Corporation has two major business segments–East and West. In December, the East business segment had sales revenues of $360,000, variable expenses of $195,000, and traceable fixed expenses of $43,000. During the same month, the West business segment had sales revenues of $1,030,000, variable expenses of $528,000, and traceable fixed expenses of $197,000. The common fixed expenses totaled $302,000 and were allocated as follows: $151,000 to the East business segment and $151,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $502,000 $(31,000) $681,000 $122,000
Transcribed Image Text:Tubaugh Corporation has two major business segments–East and West. In December, the East business segment had sales revenues of $360,000, variable expenses of $195,000, and traceable fixed expenses of $43,000. During the same month, the West business segment had sales revenues of $1,030,000, variable expenses of $528,000, and traceable fixed expenses of $197,000. The common fixed expenses totaled $302,000 and were allocated as follows: $151,000 to the East business segment and $151,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $502,000 $(31,000) $681,000 $122,000
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