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justxdrive justxdrive
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11 months ago

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.

Ieso Corporation's total fixed expenses for the year were:



▸ $40,000

▸ $100,000

▸ $140,000

▸ $170,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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GremGrem
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justxdrive Author
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11 months ago
Smart ... Thanks!
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Thanks for your help!!
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You make an excellent tutor!
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