(10 Paints) for September concerning Greenberger Corporation\'s two major busine

Question

(10 Paints) for September concerning Greenberger Corporation's two major business segments-Fibers Feedstocks-appear below s revenues, Fibers es revenues, Feedstocks riable expenses, Fibers riable expenses, Feedstocks aceable fixed expenses, Fibers accable fixed expenses, Feedstocks s 750,000 S 620,000 S 368,000 s 234,000 S 98,000 s 112,000 ommon fixed expenses totaled $344,000 and were allocated as follows: $175,000 to the Fibers usiness segment and $169,000 to the Feedstocks business segment. Required: 11 2 Calculate the segment margin for the Fibers segment Calculate the segment mangin for the Feodstocks segment

Explanation / Answer

Particulars Fibre segment Foodstock Segment Revenues $750,000 $620,000 Less:Variable expenses $368,000 $254,000 Gross Margin $382,000 $366,000 Less:Fixed expenses $98,000 $112,000 Less:Common fixed expenses $175,000 $169,000 Net Segment margin $109,000 $85,000 Please hit the like button if the answer helped you else leave a comment for further clarification. Thank you! All the best!

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