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Lyons Company consists of two divisions, A and B. Lyons company reported a contribution margin of $50,000 for Division A and had a contribution margin
Lyons Company consists of two divisions, A and B. Lyons company reported a contribution margin of $50,000 for Division A and had a contribution margin ratio of 30% in Division B, when sales in Division B were $200,000. Net operating income for the company was $25,000, and traceable fixed expenses were $40,000. Lyons company's common fixed expenses were A.$45,000 B.$40,000 C.$85,000 D.$70,000 *Please SHOW HOW to get this
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