Skip to main content
A

Anonymous

Feb 07, 2025

In a segmented income statement, which of the following statements is true?

In a segmented income statement, which of the following statements is true?

a. Segment margin is greater than contribution margin.
b. Common fixed expenses must be allocated to each segment.
c. Contribution margin equals sales minus all variable and direct fixed expenses of a segment.
d. Segment margin equals contribution margin minus direct and common fixed expenses.
e. Segment margin equals contribution margin minus direct fixed expenses.

0
Save

3 Answers

B
Brenda Lemke

Feb 11, 2025

e.Segment margin is equal to contribution margin less direct fixed expenses.Explanation:The profit contribution each segment makes towards covering a firm's common fixed costs is called the segment margins and it is used to measure the change in a firm's profits that would in turn occur if the segment is eliminated.mathematically represented by: segment margin = contribution margin - direct fixed expenses
0
A
Anonymous

Feb 20, 2025

You would need: your bank deposit account type (checking/prepaid card or savings), your account number, your routing number, your check number
0

Want to answer this question?

Join our community to share your knowledge!

Log in Sign up

Categories

Accounting

Tags

Finance & Banking Management

Related Questions

3
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses.

On December 31, Fighting Okra Cooking Services reported the following revenues and expenses.

7
On january 1, a company issues bonds dated january 1 with a par value of $600,000. the bonds mature in 3 years. the contract rate

On January 1, a company issued bonds with a par value of $600,000, maturing in 3 years. The bonds have a contract rate o...

3
On january 1 of 2015, parson freight company issues 7%, 10-year bonds with a par value of $2,000,000. the bonds pay interest semi-annually.

On January 1, 2015, Parson Freight Company issued 7% bonds with a par value of $2,000,000 and a maturity period of 10 ye...

4
I am trying to set up a direct deposit, and it asks for the flat dollar amount. What does that mean?

I am trying to set up a direct deposit, and I need some clarification regarding the flat dollar amount requested. The se...

2
On June 1, Grey Co. borrows $15,000 cash from National Bank by signing a 120-day, 10% interest-bearing note. Grey will record interest

On June 1, Grey Co. borrows $15,000 in cash from National Bank by signing a 120-day, 10% interest-bearing note. Grey wil...

3
Harvey quit his job at State University where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial

Harvey quit his job at State University, where he earned an annual salary of $45,000. He estimates his entrepreneurial t...

1
What is 20,000 francs in 1870 worth today, taking into account inflation?

What is the equivalent value of 20,000 francs from 1870 in today's currency, taking into account inflation? Could someon...

4
What is robbins’ total amortization expense for the year ended december 31st, 2017?

What is Robbins' total amortization expense for the year ended December 31, 2017?

4
23. all corporate capital stock transactions should ultimately be traced to the

All corporate capital stock transactions should ultimately be traced to which of the following? a. Minutes of the board...

4
Cepeda Corporation has the following cost records for June 2017.

Cepeda Corporation has provided the following cost records for June 2017.