Clemmens Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for August appear below:
In addition, common fixed expenses totaled $265,000 and were allocated as follows: $135,000 to the Consumer business segment and $130,000 to the Commercial business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the Consumer business segment is:
A) $152,000
B) $76,000
C) $17,000
D) $179,000
Correct Answer:
Verified
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