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7. Miami Company has three divisions, A, B, and C. The following information is available for the most recent month: Miami Company : Sales revenue
7.
Miami Company has three divisions, A, B, and C. The following information is available for the most recent month: Miami Company: Sales revenue .............. $513,000 Total fixed costs .......... $125,320 Net income ................. $ 57,300 Division A: Sales revenue .............. $163,000 Segment margin ............. $ 20,810 Division B: Contribution margin ........ $ 30,150 Traceable fixed costs ...... $ 14,270 Variable cost ratio ........ 85% of sales in Division P Division C: Variable costs ............. $ 41,720 Segment margin ............. $ 67,370 Calculate the traceable fixed costs reported by Division A during the most recent month.
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