Ieso Company Has Two Stores: J and K

question 42

Multiple Choice

Ieso Company has two stores: J and K. During November, Ieso Company reported 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 were $60,000 in Store J, and $40,000 in Store K.
-What were the total variable expenses in Store K?

• A) $70,000.
• B) $110,000.
• C) $130,000.
• D) $200,000.

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Definitions:

Word Salad

A jumble of words that is meaningless or hard to understand, often used to describe disorganized speech seen in severe mental illnesses.

Neologism

A newly coined word or expression, often used in the context of linguistic creativity or as a symptom of certain mental health conditions.

Alogia

A condition characterized by a significant reduction in the amount of speech, often seen in schizophrenia.

Clangs

The patterning of speech characterized by rhyming or alliteration, often seen in conditions like bipolar disorder or schizophrenia during manic or psychotic episodes.