Data for March for Lazarus Corporation and Its Two Major

question 42

Multiple Choice

Data for March for Lazarus Corporation and its two major business segments,North and South,appear below: In addition,common fixed expenses totaled $156,000 and were allocated as follows: $84,000 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)$213,000
• B)$102,000
• C)$83,000
• D)$18,000

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