Reference no: EM132590872

Divisions A and B of Denner Company reported the following results for October:

                                                                                  Division A                            Division B

Sales                                                                  $90,000                   $150,000

Variable Expenses as a Percentage of Sales                  70%                          60%

Segment Margin                                                        $2,000                     $23,000

Question 1: If common fixed expenses were $31,000, what were the total fixed expenses?

Multiple Choice

Option 1: $31,000.

Option 2: $52,000.

Option 3: $62,000.

Option 4: $93,000.