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ABC Company has two divisions that reported the following results for October: Milwaukee Chicago Division Division Sales $200,000 $300,000 Variable expenses as a percent of

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ABC Company has two divisions that reported the following results for October: Milwaukee Chicago Division Division Sales $200,000 $300,000 Variable expenses as a percent of 40% 45% sales Segment margin $50,000 $90,000 Net operating income for October was $60,000. Common fixed expenses must have been: $80,000 None of the other answers are correct $225,000 $75,000

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