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Ivanshal [37]
2 years ago
6

J Corporation has two divisions. Division A has a contribution margin of $79,300 and Division B has a contribution margin of $12

6,200. If total traceable fixed costs are $72,400 and total common fixed costs are $34,900, what is J Corporation's net operating income? Select one: a. $168,000 b. $170,600 c. $133,100 d. $98,200
Business
1 answer:
Allushta [10]2 years ago
7 0

Answer:

Net income= $98,200

Explanation:

Giving the following information:

Division A:

The contribution margin of $79,300

Division B:

Contribution margin of $126,200.

The total traceable fixed costs are $72,400 and total common fixed costs are $34,900.

<u>To calculate the net operating income, we need to deduct from the combined contribution margin the fixed costs.</u>

<u></u>

Net income= (79,300 + 126,200) - 72,400 - 34,900

Net income= $98,200

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Answer:

a. licensor

Explanation:

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8 0
3 years ago
Income Statement Imaging Services was organized on March 1, 2018. A summary of the revenue and expense transactions for March fo
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Answer:

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Explanation:

<u><em>Income Statement Imaging Services </em></u>

<u><em>For the Month Ended March 31, 2018</em></u>

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Income                                                                                       $ 135,000 Wages, rent , supplies and miscellaneous expenses are totaled and deducted from the fees earned. Fee earned is the revenue and the expenses are deducted from it. By deducting expenses from revenue we get the income.

7 0
3 years ago
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