Trio Sports Manufacturer Segmented Contribution Margin Statement Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the contribution margin for the basketball equipment segment?

  • $304,000 (correct)
  • $585,000
  • $356,000
  • $281,000

If Trio drops the basketball equipment line and all related fixed costs remain, what would be the change in income from operations?

  • No change
  • Decrease by $52,000
  • Decrease by $304,000
  • Increase by $52,000 (correct)

Which segment has the highest contribution margin ratio (contribution margin / revenue)?

  • Baseball (correct)
  • Basketball
  • They are all equal
  • Golf

If Trio drops the basketball line and eliminates all related fixed costs, what is the change in income from operations?

<p>Increase by $304,000 (C)</p> Signup and view all the answers

What is the total contribution margin for Trio Sports Manufacturer?

<p>$1,031,000 (A)</p> Signup and view all the answers

Which segment has the highest income from operations?

<p>Golf (A)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Annelida: Segmented Worms Quiz
12 questions
Segmented Assimilation Theory Quiz
3 questions
Annelida - Segmented Worms Overview
14 questions
Segmented Lesson Structure in Class
13 questions
Use Quizgecko on...
Browser
Browser