Calculate the segment margin for division l


More company has two divisions: L and M. During July, the contribution margin in Division L was $60,000. The contribution margin ratio in division m was 40% and its sales were $250,000. Division Ms segment margin was $60,000. The common fixed expenses were $50,000 and the company net income was $20,000. The segment margin for division L is?

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Accounting Basics: Calculate the segment margin for division l
Reference No:- TGS0716153

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