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SB Canon Company has two sales areas: North and... references 22. value: 2.00 po

ID: 2504991 • Letter: S

Question

SB Canon Company has two sales areas: North and...

references

22.

value:
2.00 points

MC Qu. 172 The total fixed expenses (traceable and ...

The total fixed expenses (traceable and common) for Canon Company for the year were:

references

[The following information applies to the questions displayed below.] Canon Company has two sales areas: North and South. During last year, the contribution margin in the North Area was $50,000, or 20% of sales. The segment margin in the South was $15,000, or 8% of sales. Traceable fixed expenses are $15,000 in the North and $10,000 in the South. During last year, the company reported total net operating income of $26,000.

Explanation / Answer

C $49,000