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

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Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year Sales Variable Conta Contribution Margin Fixed costs Profit Margin Seward Charles $602,000 $401, 800 197,000 252,000 $405,000 $149,800 176,900 171, 700 $223,100 $(21,900) Of the total foved costs, $301,800 are common fixed costs that are allocated equally between the divisions. How much did the Charles division incur in direct fixed costs? Multiple Choice 520,800 $149,800 5171700 $300800

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