More Company Has Two Divisions,L and M

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 net operating income was $20,000.The segment margin for Division L was:

A) $0
B) $10,000
C) $50,000
D) $60,000