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SB Canon Company has two sales areas: North and... [The following information applies to the questions displayed below.] Canon Company has two sales areas: North

SB Canon Company has two sales areas: North and...

[The following information applies to the questions displayed below.]
Canon Company has two sales areas: North and South. During last year, the contribution margin in the North Area was $50,000, or 20% of sales. The segment margin in the South was $15,000, or 8% of sales. Traceable fixed expenses are $15,000 in the North and $10,000 in the South. During last year, the company reported total net operating income of $26,000.

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22.

value: 2.00 points

MC Qu. 172 The total fixed expenses (traceable and ...

The total fixed expenses (traceable and common) for Canon Company for the year were:

$24,000
$50,000
$49,000
$25,000

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