Corbel Corporation Has Two Divisions: Division a and Division B

question 47

Multiple Choice

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $60,000 for Division A. Division B had a contribution margin ratio of 40% and its sales were $300,000. Net operating income for the company was $40,000 and traceable fixed expenses were $80,000. Corbel Corporation's common fixed expenses were:

• A) $140,000
• B) $60,000
• C) $100,000
• D) $80,000

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Definitions:

Awake

The state of being conscious, alert, and aware of one's surroundings.

Deprivation

The condition caused by a lack of necessary materials, comfort, or necessities for healthy living.

Sleepiness

A state of feeling drowsy or tired, often leading to a desire or need to sleep.

Sleepy

Feeling drowsy, tired, or lacking energy, often leading to the need or desire to sleep.