Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Hamilton, Inc

Hamilton, Inc

Accounting

Hamilton, Inc. has two divisions, Parker and Blaine. Following Is the Income statement for the previous year. 
Parker Blaine Sales $751,500 $751,500 Variable Costs 518,225 638,775 Contribution Margin $233,275 $112,725 Fixed Costs 152,800 152,800 Profit Margin $ 80,475  $(40,075)  
Of the total fixed costs, $300,000 are common fixed costs that are allocated equally between the divisions. What would Hamilton's profit margin be if Blaine were dropped? 
Multiple Choice $40,400 S(5.600) 
 

Option 1

Low Cost Option
Download this past answer in few clicks

2.94 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE