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Leis Retail Company Has Two Stores: M and N

Question 22

Multiple Choice

Leis Retail Company has two stores: M and N.During March,Store N had sales of $180,000,a segment margin of 30%,and traceable fixed expenses of $26,000.The company as a whole had a contribution margin ratio of 25% and $120,000 in total contribution margin.Based on this information,what were the total variable expenses in Store M for the month?


A) $140,000.
B) $260,000.
C) $300,000.
D) $360,000.

Correct Answer:

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