Multiple Choice
More Company has two divisions: L and M.During July,the contribution margin in Division L was $60,000.The contribution margin ratio in Division M was 40%,and its sales were $250,000.Division M's segment margin was $60,000.The common fixed expenses were $50,000,and the company operating income was $20,000.What was the segment margin for Division L?
A) $0.
B) $10,000.
C) $50,000.
D) $60,000.
Correct Answer:

Verified
Correct Answer:
Verified
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