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What is gold division segment margin

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Question: Shirley Inc. has three divisions, King, West and Gold. Following is the income statement for the previous year:


 King West Gold
Total
Sales $ 1,000,000
$ 575,000
$ 425,000

$ 2,000,000
Variable Costs
400,000

345,000

300,000


1,045,000
Contribution Margin
600,000

230,000

125,000


955,000
Fixed Costs
375,000

215,625

159,375


750,000
Profit Margin
225,000

14,375

(34,375 )

205,000

Of the fixed costs, $300,000 is for corporate costs and is allocated equally to the three divisions.

a. How much does Gold Division have in direct fixed costs?

b. What is Gold Division's segment margin?

c. What would Shirley's profit margin be if Gold Division were dropped?

Reference no: EM131744308

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