Question
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Total Company Southern Northern
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division:
| Total Company | Southern | Northern | |
|---|---|---|---|
| Sales | $ 8,000,000 | $ 5,000,000 | $ 3,000,000 |
| Contribution margin | $ 3,300,000 | $ 2,100,000 | $ 1,200,000 |
| Divisional segment margin | $ 2,000,000 | $ 1,400,000 | $ 600,000 |
Net operating income last year for Nantor Corporation was $800,000.
In last year's income statement segmented by division, what were Nantor's total common fixed expenses?
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Assurance And Auditing
Authors: Thomas Nelson
1st Edition
0170111342, 978-0170111348
