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LTB, Inc. reported the following income statement information for April: Sales Variable costs Traceable fixed costs.. Common fixed costs LTB, Inc. Division A Division B

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LTB, Inc. reported the following income statement information for April: Sales Variable costs Traceable fixed costs.. Common fixed costs LTB, Inc. Division A Division B $420,000 $240,000 $180,000 $226,200 $156,000 $ 70,200 $105,600 $ 48,000 $ 57,600 $ 69,000 Currently, the office space rent in Division B is $11,300 per month. In May, Division B renegotiated its lease and will now pay rent of 5% of sales each month instead of the flat rate of $11,300. The sales in Division B for May totaled $220,000 The segment margin reported by Division B in May was equal to: $65,600 $76,900 $81,200 $52,800 $69,900 $84.400 $79,700 none of the above choices are correct

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