Assume the following information for one segment of a company: Sales revenue $2,600,000 Variable manufacturing costs...
Assume the following information for one segment of a company:
| Sales revenue | $2,600,000 |
| Variable manufacturing costs | 200,000 |
| Fixed manufacturing costs | 350,000 |
| Variable selling/administrative costs | 120,000 |
| Fixed selling/administrative costs | 80,000 |
What is the product line's segment income?
|
$2,280,000 |
||
|
$1,930,000 |
||
|
$2,050,000 |
||
|
$1,850,000 |
Homework Answers
| Sales Revenue | $ 2,600,000.00 | ||||
| Less: | Variable Expenses | ||||
| Variable Manu. Costs | $ 200,000.00 | ||||
| Variable S/A costs | $ 120,000.00 | $ 320,000.00 | |||
| Contribution Margin | $ 2,280,000.00 | ||||
| Less: | Fixed Expenses | ||||
| Fixed Manu. Costs | $ 350,000.00 | ||||
| Fixed S/A costs | $ 80,000.00 | $ 430,000.00 | |||
| Product Line Segment Income | $ 1,850,000.00 | ||||
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