Magenta Company has two divisions that produce two different…
Magenta Company has two divisions that produce two different products. Following is information pertaining to its two divisions for the month of June: Division Gold Division Silver Variable selling and administrative expenses $ 30,000 $ 20,000 Direct fixed manufacturing expenses 12,000 9,000 Sales 150,000 120,000 Direct fixed selling and administrative expenses 20,000 15,000 Variable manufacturing expenses 60,000 50,000 Common expenses are $8,000 for the month of June. Compute the segment margin for Division Silver.