Chavez Company Has Two Product Lines-M and P

question 39

Multiple Choice

Chavez Company has two product lines-M and P. Line M had sales of £200,000 during October, a segment margin of 20%, and traceable fixed expenses of £30,000. The company as a whole had a contribution margin ratio of 30% and £135,000 in total contribution margin. Based on this information, total variable expenses for product P must have been

• A)£130,000.
• B)£155,000.
• C)£185,000.
• D)£315,000.

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Definitions:

Dizygotic Twins

Also known as fraternal twins, they develop from two different eggs fertilized by two different sperm, resulting in genetically unique siblings born at the same time.

Monozygotic Twins

Also known as identical twins, these are siblings who originate from the same fertilized egg, sharing nearly 100% of their genetic material.

X-Linked Disorders

Genetic conditions caused by mutations in genes on the X chromosome, often affecting males more severely than females.

Chromosomal Abnormalities

Genetic defects involving changes in the number or structure of chromosomes, leading to various developmental and health issues.