The Hoboken Company has two divisions, North and South. In July, contribution margin for North was $126,000 and sales in the South division were $375,000 with a contribution margin ratio of 40%. Traceable fixed costs for the divisions totaled $101,000. If net operating income was $69,000, then total fixed costs must have been: a. $106,000
B) $207,000
C) $282,000
D) $170,000
Correct Answer:
Verified
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