Practice Video Problem

Segmented income statements

Whole Universe, a wholesale distributor of electronic products.

Question #$3$

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Copr. Goed Uplift, Inc. reported the following financial data for the segmented income statements: Sales $$125,000$

Variable expenses $$63,000$

Contribution margin $$62,000$

Total fixed expenses $$42,000$

Common fixed expenses $$15,000$

How much are traceable fixed expenses?

$$83,000$

$$20,000$

$$48,000$

$$27,000$