Canon Company Has Two Sales Areas: North and South

question 110

Multiple Choice

Canon Company has two sales areas: North and South. During last year, the contribution margin in the North Area was $50,000, or 20% of sales. The segment margin in the South was $15,000, or 8% of sales. Traceable fixed expenses are $15,000 in the North and $10,000 in the South. During last year, the company reported total net operating income of $26,000.
-The total fixed expenses (traceable and common) for Canon Company for the year were:

• A)$49,000
• B)$25,000
• C)$24,000
• D)$50,000

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Definitions:

Emergency Practices

Procedures and actions that are planned and implemented in order to respond effectively to potential emergency situations.

World-view

Encompasses the fundamental cognitive orientation of an individual or society encompassing the whole of the individual's or society's knowledge and point of view.

Normative Influence

The impact others have on our behavior through norms or behaviors that are deemed acceptable by a group, leading individuals to conform in order to be liked or accepted.

Solomon Asch

A prominent psychologist known for his research on conformity, including his famous experiments demonstrating how people could be influenced to contradict their own accuracy for group consensus.