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Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North $ 653,000 Variable expenses, North $ 378,900 Traceable fixed expenses, North $ 78,000 Sales revenues, South $ 503,600 Variable expenses, South $ 287,300 Traceable fixed expenses, South $ 65,200 In addition, common fixed expenses totaled $176,700 and were allocated as follows: $91,700 to the North business segment and $85,000 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:
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Data for January for Bondi Corporation and its two major business segments, North and South, appear...
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