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More Company Has Two Divisions: L and M

Question 81

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.

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