Carroll Corporation Has Two Products, Q and P

Multiple Choice

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed expenses were $37,000. The contribution margin ratio for Product Q was 30%, its sales were $200,000, and its segment margin was $21,000. If the contribution margin for Product P was $80,000, the segment margin for Product P was:

A) $62,000
B) $59,000
C) $37,000
D) $41,000