Koen Corporation has two divisions: Division A and B. Last month, the company reported a contribution margin of $50,000 for Division A. Division B had a contribution margin ratio of 30% and its sales were $250,000. Net operating income for the company was $30,000 and traceable fixed expenses were $50,000. Koen Corporation's common fixed expenses were:
A) $95,000
B) $75,000
C) $45,000
D) $50,000
Correct Answer:
Verified
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