Assume the following information for a product line: Sales $700,000 Variable cost of goods sold 185,000 Direct fixed overhead 115,000 Variable selling and administrative expenses 70,000 Direct fixed selling and admin. expenses 90,000 ​ What is the segment margin of the product line? a. $200,000 b. $325,000 c. $350,000 d. $240,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume the following information for a product line:

Sales

$700,000

Variable cost of goods sold

185,000

Direct fixed overhead

115,000

Variable selling and administrative expenses

70,000

Direct fixed selling and admin. expenses

90,000

What is the segment margin of the product line?

a.
$200,000
b.
$325,000
c.
$350,000
d.
$240,000
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