Multiple Choice
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $49,700 for Division A. Division B had a contribution margin ratio of 20% and its sales were $296,000. Net operating income for the company was $33,800 and traceable fixed expenses were $56,100. Corbel Corporation's common fixed expenses were:
A) $19,000
B) $56,100
C) $75,100
D) $108,900
Correct Answer:

Verified
Correct Answer:
Verified
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