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More company has two divisions: L and M. During July, the contribution margin in Division L was $60,000. The contribution margin ratio in division m

More company has two divisions: L and M. During July, the contribution margin in Division L was $60,000. The contribution margin ratio in division m was 40% and its sales were $250,000. Division Ms segment margin was $60,000. The common fixed expenses were $50,000 and the company net income was $20,000. The segment margin for division L is

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