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Sphinxa [80]
3 years ago
11

Cypgef 252 Corporation has two products, Beautiful and Gorgeous. In the last period, the Cypgef252 Corporation's net operating i

ncome was $20,500, and the common fixed expenses were $45,000. (ID#56034) The contribution margin ratio for Product Beautiful was 40%, its sales were $130,000, and its segment margin was $37,000. Q: If the contribution margin for Product Gorgeous was $35,000, what was the segment margin for Product Gorgeous?
A. $28,500
B. $37,000
C. $8,000
D. $65,500
Business
1 answer:
Molodets [167]3 years ago
4 0

Answer:

segment margin Gorgeous= $28,500

Explanation:

Giving the following information:

Beatiful:

Segment margin= $37,000

Net income= $20,500

Common fixed costs= $45,000

<u>To calculate the segment margin of Gorgeous, we need to use the following formula:</u>

Net income= segment margin Beatiful + segment margin Gorgeous - common fixed costs

20,500= 37,000 + segment margin Gorgeous - 45,000

segment margin Gorgeous= $28,500

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