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Calculate the total fixed costs incurred by joseph company

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Question - Joseph Company operates three divisions, X, Y, and Z. The following information is available for the most recent month:

Joseph Company:

Sales revenue $700,000

Segment margin $239,000

Net income $125,000

Division X:

Sales revenue $200,000

Contribution margin $140,000

Segment margin $109,000

Division Y:

Variable costs 70% of sales

Division Z:

Variable costs $118,000

Traceable fixed costs $56,000

Contribution margin 60% of sales

Required - Calculate the total fixed costs incurred by Joseph Company during the most recent month.

Reference no: EM132522348

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