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erastova [34]
3 years ago
8

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,8

00 for Division A. Division B had a contribution margin ratio of 25% and its sales were $235,000. Net operating income for the company was $35,700 and traceable fixed expenses were $55,400. Corbel Corporation's common fixed expenses were:_______.
Business
1 answer:
Gre4nikov [31]3 years ago
8 0

Answer:

$15,450

Explanation:

The computation of the common fixed expenses is shown below:

We know that,

Net operating income = Contribution margin + Sales × contribution margin -  traceable fixed expenses - common fixed expenses

$35,700 = $47,800 + $235,000 × 25% - $55,400  - common fixed expenses

$35,700 = $47,800 + $58,750 - $55,400  - common fixed expenses

$35,700= $47,800 + 3,350   - common fixed expenses

So, the common fixed expense would be $15,450

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8 0
2 years ago
As a discipline, Governance is most closely related to:
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3 years ago
All else constant, if butter and margarine are substitute goods, then as the price of butter rises,
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3 years ago
Maxim Corp. has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1
Setler [38]

Answer:

Cost of goods sold as per average cost method = $92,458.5

Explanation:

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Opening Inventory             265 units     @         $153 each      = $40,545

Purchase                             465 units     @         $173 each      = $80,445

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7 0
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