Which product has the highest segment margin percentage

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Reference no: EM133328141

Case: Vogue Test Inc. is produces two types of toothpaste, Numero and Dinero. Revenue and cost information for the year ended December 31, 2022 relating to the products are presented below.

Product
Numero Dinero
Selling price per toothpaste $15 $35
Variable cost per toothpaste $8 $20
Traceable fixed costs $50,000 $200,000

The company incurs $180,000 in common fixed costs per year. Vogue Test Inc. produced and sold 35,000 numero and 55,000 dinero.

Question 1: NEED segmented contribution margin statement for the year based on product line.

Question 2: Which product has the highest segment margin percentage? Explain.

Reference no: EM133328141

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