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Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Sales Contribution margin Divisional
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Sales Contribution margin Divisional segment margin Total Company $ 8,000,000 $ 3,300,000 $ 2,000,000 Southern $ 5,000,000 $ 2,100,000 $ 1,400,000 Northern $ 3,000,000 $ 1,200,000 $ 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? Multiple Choice $1,300,000 $1,600,000 Multiple Choice $1,300,000 $1,600,000 $1,250,000 $1,200,000
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