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What is the segment margin for the deluxe product

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Reference no: EM132957999

Question - The company had sales of $800,000 during the current year. The company's contribution margin ratio was 40% and total fixed costs totaled $300,000. Sales were $600,000 for the standard and $200,000 for deluxe. Traceable fixed costs were $150,000 for standard and $90,000 for deluxe. Variable costs were $360,000 for standard and $120,000 for deluxe. What is the segment margin for the deluxe product?

Reference no: EM132957999

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