Corbel Corporation Has Two Divisions: Division a and Division B

question 154

Multiple Choice

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $49,700 for Division A. Division B had a contribution margin ratio of 20% and its sales were $296,000. Net operating income for the company was $33,800 and traceable fixed expenses were $56,100. Corbel Corporation's common fixed expenses were:

• A) $19,000
• B) $56,100
• C) $75,100
• D) $108,900

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Definitions:

Enthymeme

An abbreviated syllogism or argument in which one of the premises or the conclusion is not explicitly stated but implied.

Unstated Conclusion

A conclusion in an argument that is implied but not explicitly expressed by the argument's premises.

Sunny Places

Locations or areas that receive a large amount of sunlight, typically used in reference to pleasant weather or climates.

Enthymeme

An argument in which one premise is not explicitly stated but is assumed in the reasoning.