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Use the following to answer Questions 26 & 27: Meyer Company has two sales areas: North and South During April, the contribution margin in the

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Use the following to answer Questions 26 & 27: Meyer Company has two sales areas: North and South During April, the contribution margin in the North was $80,000, or 25% of sales. The segment margin in the South was $19,000, or 5% of sales. Traceable fixed expenses were 525.000 in the North and $18.000 in the South. Meyer Company reported a total net operating income of $45,000. Total sales for the Meyer Company were a. $983,333 b. $430,000 $700,000 d. $480,000 QUESTION 27 The total fixed expenses for Meyer Company were: a. $45,000 b. $33,000 c. $85,000 d. $72,000

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