Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
A)$270,000
B)$119,000
C)$207,000
D)$192,000

Question

Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
A)$270,000 
B)$119,000 
C)$207,000 
D)$192,000

Quizplus · Accepted Answer

The Answer of Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
A)$270,000 
B)$119,000 
C)$207,000 
D)$192,000

Data for June for Ozaki Corporation and Its Two Major