Data for January for Bondi Corporation and its two major business segments, North and South, appear below:
Sales revenues, North $ 587,000
Variable expenses, North $ 340,600
Traceable fixed expenses, North $ 70,200
Sales revenues, South $ 453,200
Variable expenses, South $ 258,600
Traceable fixed expenses, South $ 58,600
In addition, common fixed expenses totaled $158,900 and were allocated as follows: $82,500 to the North business segment and $76,400 to the South business segment.
A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
a.$93,700
b.$340,600
c.$176,200
d.$163,900
Answers: 1
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Data for January for Bondi Corporation and its two major business segments, North and South, appear...
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