Multiple Choice
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $60,000 for Division A. Division B had a contribution margin ratio of 40% and its sales were $300,000. Net operating income for the company was $40,000 and traceable fixed expenses were $80,000. Corbel Corporation's common fixed expenses were:
A) $140,000
B) $60,000
C) $100,000
D) $80,000
Correct Answer:

Verified
Correct Answer:
Verified
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