Phillipson Corporation has two divisions: the 1EB Division and the PIH Division. the corporation's net operating income is $83, 900. the IEB Division's divisional segment margin is $149, 700 and the PIH Division's divisional segment margin is $60, 100. What is the amount of the common fixed expense not traceable to the individual divisions? $233, 600 $209, 800 $144,000 $125, 900 Which of the following formulas is used to calculate the contribution margin ratio? (Sales - Fixed expenses) + Sales (Sales - Cost of goods sold) + Sales (Sales - Variable expenses) + Sales (Sales - Total expenses) + Sales Menlove Company had the following income statement for the most recent year: Given this data, the unit contribution margin was: $2 per unit $15 per unit $6 per unit $4 per unit A process costing system: uses a separate Work in Process account for each processing department. Uses a single Work in Process account for the entire company. Uses a separate Work in Process account for each type of product produced. Does not use a Work in Process account in any form. The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29, 500 equivalent units for conversion costs for November in a particular department. There were 6,000 units in the ending work in process inventory on November 30.75% complete with respect to conversion costs. The November I work in process inventory consisted of 8,000 units, 50% complete with respect to conversion costs. A total of 25,000 units were completed and transferred out of the department during the month. the number of units started during November in the department was: 24, 500 units 23,000 units 27,000 units 21,000 units