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 | $ | 5,800,000 | $ | 3,580,000 | $ | 2,220,000 | |||
| Contribution margin | $ | 2,550,000 | $ | 1,590,000 | $ | 960,000 | |||
| Divisional segment margin | $ | 1,390,000 | $ | 1,060,000 | $ | 330,000 | |||
Net operating income last year for Nantor Corporation was $580,000.
In last year's income statement segmented by division, what were Nantor's total common fixed expenses?
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Auditing And Assurance Services
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
16th Global Edition
1292147989, 978-1292147987
