Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income
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Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division:
Total Company | Southern | Northern | |||||||
Sales | $ | 5,800,000 | $ | 3,580,000 | $ | 2,220,000 | |||
Contribution margin | $ | 2,550,000 | $ | 1,590,000 | $ | 960,000 | |||
Divisional segment margin | $ | 1,390,000 | $ | 1,060,000 | $ | 330,000 | |||
Net operating income last year for Nantor Corporation was $580,000.
In last year's income statement segmented by division, what were Nantor's total common fixed expenses?
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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