Trio Sports Manufacturer Segmented Contribution Margin Statement Quiz
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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</p> Signup and view all the answers

    What is the total contribution margin for Trio Sports Manufacturer?

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

    Which segment has the highest income from operations?

    <p>Golf</p> Signup and view all the answers

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