asked 26.1k views
2 votes
AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165,000, a contribution margin of 30 percent, and a segment margin of $15,300. The company's two stores have total sales of $380,000, contribution margin of 27 percent, and a total segment margin of $33,600. The contribution margin for the Orlando store must have been:

asked
User Deubaka
by
8.3k points

1 Answer

1 vote
365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050
answered
User Krishg
by
7.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.