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Ieso Corporation has two stores: J and K. During November, Ieso Corporation reported a net operating ...

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Ieso Corporation has two stores: J and K. During November, Ieso Corporation reported a net operating ...

Ieso Corporation has two stores: J and K. During November, Ieso Corporation reported a net operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses are $60,000 in Store J, and $40,000 in Store K.

Variable expenses in Store K totaled:

▸ $70,000

▸ $110,000

▸ $200,000

▸ $130,000

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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Good timing, thanks!

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