Meyer Corporation Has Two Sales Areas: North and South

Multiple Choice

Meyer Corporation has two sales areas: North and South. During April, the contribution margin in the North was $90,000, or 30% of sales. The segment margin in the South was $25,000, or 10% of sales. Traceable fixed expenses were $30,000 in the North and $15,000 in the South. Meyer Corporation reported a total net operating income of $52,000. The total fixed expenses for Meyer Corporation were:

A) $45,000
B) $33,000
C) $85,000
D) $78,000