The following data pertain to the operating revenues and expenses for California, Inc. for 20xx. Sales Variable ex ense Direct fixed ex ense Indirect fixed ex ense Los Angeles LA Se ment $180,000 96,000 24,000 San Fransico SF Se ment $360,000 240,000 30,000 Total $540,000 336,000 54,000 72,000 Asset (investment) used to generate operating income for the two segments are shown below. Los Angeles Se ment Asset directly used by and identified with the $180,000 se ment. San Francisco Se ment $360,000 The following data pertain to the operating revenues and expenses for California, Inc. for 20xx. Sales Variable ex ense Direct fixed ex ense Indirect fixed ex ense Los Angeles LA Se ment $180,000 96,000 24,000 San Fransico SF Se ment $360,000 240,000 30,000 Total $540,000 336,000 54,000 72,000 Asset (investment) used to generate operating income for the two segments are shown below. Los Angeles Se ment Asset directly used by and identified with the $180,000 se ment. San Francisco Se ment $360,000