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12. 12. Ellyn Co. specializes in two products: records and cassettes. The company rec income last year of $40,000, and provided the following information from
12.
12. Ellyn Co. specializes in two products: records and cassettes. The company rec income last year of $40,000, and provided the following information from last yea as segments: Product Records Cassettes Sales Variable expense as a percentage of sales $300,000 80% $30,000 $500,000 60% $80,000 Segment margin What were the total fixed expenses for Ellyn Co. last year? A. $50,000 B. $200,000 C. $180,000 D. $220,000 E. $150,000Step by Step Solution
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