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Question - A segment of a business reported a contribution margin of $36,000 and controllable fixed costs of $12,000. If the segment had been eliminated, the company-wide net income would have been:

a) $12,000 higher

b) $24,000 lower

c)  $36,000 lower

d) $24,000 higher

Accounting Basics, Accounting

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  • Reference No.:- M92628848
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