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17 October, 08:06

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $22,500, and the common fixed expenses were $49,000. The contribution margin ratio for Product Q was 40%, its sales were $134,000, and its segment margin was $41,000. If the contribution margin for Product P was $39,000, the segment margin for Product P was:

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  1. 17 October, 08:55
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    The segment margin for Product P = $41,000

    Step-by-step explanation:

    Total Segment Margin = Net Operating Income + common fixed expenses

    = $ 25,000 + $ 37,000

    = $ 62,000

    Total Segment Margin = Segment Margin of Q + Segment Margin of P

    $ 62,000 = $ 21,000 + Segment Margin of P

    or Segment Margin of P = $ 62,000 - $ 21,000

    = $ 41,000
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