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Sullivan Retailers Has Two Stores: R and T

Question 49

Multiple Choice

Sullivan Retailers has two stores: R and T. During July, Store R had a segment margin of £26,000, traceable fixed expenses of £34,000, and a contribution margin ratio of 20%. Store T had sales of £180,000, a contribution margin ratio of 40%, and a segment margin ratio of 5%. Variable expenses for the company as a whole totaled


A) £132,000.
B) £240,000.
C) £312,000.
D) £348,000.

Correct Answer:

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