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More Company Has Two Divisions: L and M

question 81

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More Company has two divisions: L and M.During July,the contribution margin in Division L was $60,000.The contribution margin ratio in Division M was 40%,and its sales were $250,000.Division M's segment margin was $60,000.The common fixed expenses were $50,000,and the company operating income was $20,000.What was the segment margin for Division L?


Definitions:

Developmental Outcomes

The results or changes in an individual's behavior, abilities, or health that emerge from growth or development processes.

Campus Life

The range of experiences and activities that define the lifestyle and social environment of students within a college or university setting.

Curriculum

A structured set of educational and training materials and content designed for teaching and learning.

Institution Size

The physical or numeric magnitude of an organization or establishment, often measured by area, population, or capacity.

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