The Gasson Company sells three products, A, B,
class="hljs-keyword">and C. The total sales forthe overall company were $1,000,000 during the month of June. During June,the company reported an overall contribution margin ratio of 37% and thetotal fixed costs for the entire company were $350,000. During June,Product A had sales of $500,000; Product B had sales of $300,000; and salesof Product C totaled $200,000. The traceable fixed costs for each productwere: Product A, $120,000; Product B, $100,000; and Product C, $60,000.The variable costs of Product A were $300,000 and the variable costs ofProduct B were $180,000.Calculate the segment margin for Product A for June. Do not use decimalsin your answer.
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