Clemmens Corporation Has Two Major Business Segments: Consumer and Commercial

question 143

Multiple Choice

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:

• A)$152, 000
• B)$76, 000
• C)$17, 000
• D)$179, 000

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Definitions:

Reaction

A process in which substances interact to form one or more new substances with different properties.

β-lactams

A class of antibiotics that include penicillins, characterized by a four-membered lactam ring.

Penicillins

A group of antibiotics derived from Penicillium fungi, effective against a wide range of bacterial infections by inhibiting cell wall synthesis.

Cephalosporins

A class of β-lactam antibiotics derived from Acremonium, which are effective against a wide range of bacterial infections.