Lyons Company Consists of Two Divisions, a and B

question 55

Multiple Choice

Lyons Company consists of two divisions, A and B. Lyons Company reported a contribution margin of $50,000 for Division A, and had a contribution margin ratio of 30% in Division B, when sales in Division B were $200,000. Net operating income for the company was $25,000 and traceable fixed expenses were $40,000. Lyons Company's common fixed expenses were:

• A) $85,000
• B) $70,000
• C) $45,000
• D) $40,000

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Definitions:

Psychoanalytic Approach

A method in psychology which posits that human behavior is the result of interactions among various unconscious psychological processes.

Mental Conflicts

Internal struggles that occur when incompatible demands, desires, or impulses compete for a person's attention.

Phenomenological Approach

A method in psychology that focuses on the study of consciousness and the objects of direct experience through the viewpoint of the experiencing person.

Humanistic

A psychological perspective that emphasizes the study of the whole person and the uniqueness of each individual's experience.