Question: Below are data for last period for the two divisions of K Corporation: Division 1 Sales Variable expense ratio Segment Margin $111.000 70% $7,000 Division
Below are data for last period for the two divisions of K Corporation:
Division 1
Sales
Variable expense ratio
Segment Margin
$111.000
70%
$7,000
Division 2
$107,000
60%
$13,000
Total net operating income for K Corporation was $12,000 last period.
Q: What were the total traceable fixed costs for the two divisions of K Corporation last period?
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