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Valley Inc. has three divisions, Almond, Grover and Oak. Following is the income statement for the previous year Almond Grover Oak Total S 492,000 274,500
Valley Inc. has three divisions, Almond, Grover and Oak. Following is the income statement for the previous year Almond Grover Oak Total S 492,000 274,500 229000 $ 995,500 Sales Variable Costs Contribution Margin Fixed Costs Profit Margin 24,800 100,000 403,800 129,000 591.700 274,000167250 105,750547,000 179,000 313,000 149,700 $ 39.000 $ (17.550) $ 23.250 $ 44.700 Of the fixed costs, $315,000 is for corporate costs and is allocated equally to the three divisions a. How much does Grover Division have in direct fixed costs? Fixed Costs b. What is Grover Division's segment margin? egment Margin
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