Divisions A and B of Denner Company reported the following results for October: Division A Division B Sales $90,000 $150,000 Variable Expenses as a Percentage of Sales 70% 60% Segment Margin $2,000 $23,000 If common fixed expenses were $31,000, what were the total fixed expenses?
Divisions A and B of Denner Company reported the following results for October: Division A Division B Sales $90,000 $150,000 Variable Expenses as a Percentage of Sales 70% 60% Segment Margin $2,000 $23,000 If common fixed expenses were $31,000, what were the total fixed expenses?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Divisions A and B of Denner Company reported the following results for October:
Division A | Division B | |
Sales | $90,000 | $150,000 |
Variable Expenses as a Percentage of Sales | 70% | 60% |
Segment Margin | $2,000 | $23,000 |
If common fixed expenses were $31,000, what were the total fixed expenses?
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