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The monthly income statement for Jordan Stores is given below: First Branch Second Branch Total Sales 1,200,000 800,000 2,000,000 Less: Variable Expenses 0,840,000 360,000 1,200,000
The monthly income statement for Jordan Stores is given below:
First Branch | Second Branch | Total | |
Sales | 1,200,000 | 800,000 | 2,000,000 |
Less: Variable Expenses | 0,840,000 | 360,000 | 1,200,000 |
Contribution Margin | 0,360,000 | 440,000 | 0,800,000 |
Less: Traceable Fixed Expenses | 0,210,000 | 180,000 | 0,390,000 |
Segment Margin | 0,150,000 | 260,000 | 0,410,000 |
Less: Common Fixed Expenses | 0,180,000 | 120,000 | 0,300,000 |
Profit (Loss) | 0,( 30,000 ) | 140,000 | 0,110,000 |
What is the total common fixed expenses if First Branch is eliminated?
pls give solution
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