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Lyons Company consists of two divisions: A and B. Lyons Company reported a contribution margin of $52,000 for Division A and had a contribution margin

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Lyons Company consists of two divisions: A and B. Lyons Company reported a contribution margin of $52,000 for Division A and had a contribution margin ratio of 30% in Division B, when sales in Division B were $170,000. Operating income for the company was $25,500 and traceable fixed expenses were $42,000 What were Lyons Company's common fixed expenses? Multiple Choice $40,000 $35,500 $70,000 $85,000

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