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Home Q & A Board Other Fields Homework Help Business Accounting
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edehghany edehghany
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A year ago
City Retail sells two products: Standard and Deluxe. The company had sales of $800,000 during the current year. The company's contribution margin ratio was 40% and total fixed costs totaled $300,000. Sales were $600,000 for Standard and $200,000 for Deluxe. Traceable fixed costs were $150,000 for Standard and $90,000 for Deluxe. Variable costs were $360,000 for Standard and $120,000 for Deluxe. What is the segment margin for the Standard product?

▸ $20,000

▸ $80,000

▸ $240,000

▸ $90,000
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Managerial Accounting

Managerial Accounting


Edition: 4th
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aupadhay287aupadhay287
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A year ago
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edehghany Author
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A year ago
Thanks
dearsophia21
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Yesterday
Thanks for your help!!
smi3
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2 hours ago
You make an excellent tutor!
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