Reference no: EM132943978
Question - Camren Corporation has two major business segments-Apparel and Accessories.
Data concerning those segments for December appear below:
Sales revenues, Apparel $680,000
Variable expenses, Apparel $299,000
Traceable fixed expenses, Apparel $102,000
Sales revenues, Accessories $770,000
Variable expenses, Accessories $484,000
Traceable fixed expenses, Accessories $100,000
Common fixed expenses totaled $357,000 and were allocated as follows: $161,000 to the Apparel business segment and $196,000 to the Accessories business segment.
Required - What is the segment margin for Accessories?