Question

ma Login Page - Black. Banner Self Service... Home - Workday EdReady ADIDAS | Frankie C Main Menu Netflix New Tab 5.Quiz 0 Help Save & Exit Su TB MC Qu. 6-77 Corbel Corporation has two divisions: Division A and ... Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,700 for Division A. Division B had a contribution margin ratio of 35% and its sales were $231,000. Net operating income for the company was $27,200 and traceable fixed expenses were $59,700. Corbel Corporation's common fixed expenses were: Multiple Choice ( $41,650 0 $59,700 < Prey 8 of 10 Next >

Answer 1

Answer: $ 41,650

Explanation

Net operating income = Contribution margin + (Sales x contribution margin) - traceable fixed expenses - common fixed expenses

27,200 = 47,700 + (231,000 x 35%) - 59,700 - common fixed expenses

27,200 = 47,700 + 80,850 - 59,700 - common fixed expenses

  27,200 = 68,850 - common fixed expenses

Common fixed expenses = 68,850 -   27,200

= $ 41,650