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Nantua 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
Nantua 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 | $4,400,000 | $2,740,000 | $1,660,000 |
Contribution margin | $1,850,000 | $1,170,000 | $680,000 |
Divisional segment margin | $970,000 | $780,000 | $190,000 |
Net operating income last year for Nantua Corporation was $440,000. |
In last year's income statement segmented by division, what were Nantua's total common fixed expenses? |
a)$530,000
b)$880,000
c)$1,410,000
d)$1,500,000
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