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THE Company produces three products, A, B, and C. The following information relates to THE Company and its three products for June: THE Company Sales
THE Company produces three products, A, B, and C. The following information relates to THE Company and its three products for June: THE Company Sales revenue Segment margin Net income $700,000 $204,000 $169,000 Product A Sales revenue Contribution margin Segment margin $200,000 $104,000 $ 19,000 Product B: Variable costs 30% of sales of Product B Product C: Variable costs Traceable fixed costs Contribution margin $181,000 $ 36,000 20% of sales of Product C Calculate the total fixed costs incurred by THE Company during June
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