Clemmens Corporation has two major business segments: Consumer and Commercial. D

Question

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:

options:

$152,000

$76,000

$17,000

$179,000

Sales revenues, Consumer $390,000 Sales revenues, Commercial $530,000 Variable expenses, Consumer $179,000 Variable expenses, Commercial $265,000 Traceable fixed expenses, Consumer $59,000 Traceable fixed expenses, Commercial $64,000

Explanation / Answer

Sales Revenue cosumer-Variable Expensens- Traceble Fixed cost

=$390,000-$179,000-$59,000

=$152,000

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