7-14 Tubaugh Corporation has two major business segments–East and West. In December, the East business segment had sales revenues of $360,000, variableexpenses 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, variableexpenses 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 theEast 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

Contribution margin is the profit earned on sale of firm's product after substrat all variable…

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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