Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000

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Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses were $60,000 in Store J, and $40,000 in Store K.

What were the total variable expenses in Store K?

Multiple Choice

$70,000.
$110,000.
$130,000.
$200,000.

Posted Date: Jun 25, 2024 09:48 PM

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Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000

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