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Central Company has two product lines, J and K. During June, the company's net operating income was $25,000, and the common fixed expenses were $37,000. The contribution margin ratio for J was 30%, its sales were $200,000, and its segment margin was $21,000. If the contribution margin for K was $80,000, find out the segment margin for K.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942054

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