(Answered) Problem - refer to the pennington products information

Accounting

Problem - Refer to the Pennington Products information below.

Pennington Products has two product lines: R-100 and R-200. Revenue and cost information for each of the product lines are as follows:

	R-100	R-200
Selling price per unit	$45	$60
Variable costs per unit	$15	$26
Traceable fixed expenses	$250,000	$360,000

Pennington has common fixed expenses of $250,000 per year. Last year, the company produced and sold 30,000 units of R-100 and 20,000 units of R-200.

What is the segment margin ratio of the R-200 product line?

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