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College books company has two locations, downtown and on campus. Theyre in March, the company reported net income of 164,000 and sales of 1.2 million.
College books company has two locations, downtown and on campus. Theyre in March, the company reported net income of 164,000 and sales of 1.2 million. The contribution margin in the downtown store was $320,000 that is 40% of sales. The segment margin in the mall store is $200,000. Direct fixed costs are $85,000 in the downtown store and $98,000 in the mall location. Total fixed cost direct (direct and allocated) total?
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