Ask Question
11 May, 04:41

AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165,000, a contribution margin of 30 percent, and a segment margin of $15,300. The company's two stores have total sales of $380,000, contribution margin of 27 percent, and a total segment margin of $33,600. The contribution margin for the Orlando store must have been:

+1
Answers (1)
  1. 11 May, 07:55
    0
    365000 - 165000 = $215,000

    This gives you the Orlando sales.

    215000 x 1.27 (27%) gives you the contribution margin for Orlando store

    Answer is : $273,050
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165,000, a ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers