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Joseph Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: Joseph Company : Sales revenue ..............
Joseph Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: Joseph Company: Sales revenue .............. $700,000 Segment margin ............. $239,000 Net income ................. $125,000 Division X: Sales revenue .............. $200,000 Contribution margin ........ $140,000 Segment margin ............. $109,000 Division Y: Variable costs ............. 70% of sales Division Z: Variable costs ............. $118,000 Traceable fixed costs ...... $ 56,000 Contribution margin ........ 60% of sales Calculate the total fixed costs incurred by Joseph Company during the most recent month.
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