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Franklin, Inc. has two divisions, Seward and Chanes. Following is the income statement for the previous year Sales Variable costs Contribution Margin Fixed costs Profit

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Franklin, Inc. has two divisions, Seward and Chanes. Following is the income statement for the previous year Sales Variable costs Contribution Margin Fixed costs Profit Margin Seward Charles $601,000 $401,100 196, 200 251,100 $404,800 $150,000 176,100 170,900 $228,700 520,900) or the total fixed costs $301000 are common fixed costs that are allocated equally between the divisions. How much did the Charles division incur in direct fixed costs? Multiple Choice $20 400 $150.000 $170-900 5301000

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