Leis Retail Company has two Stores, M and N. Store N had sales of $180,000 during March, a segment margin of $54,000, and traceable fixed expenses of $26,000. The company as a whole had a contribution margin ratio of 25% and $120,000 in total contribution margin.
Based on this information, total variable expenses in Store M for the month must have been:
A) $260,000 B) $300,000 C) $140,000 D) $360,000
Answers: 3
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Leis Retail Company has two Stores, M and N. Store N had sales of $180,000 during March, a segment m...
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