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What were the total sales in store j

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Reference no: EM132590850

Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses were $60,000 in Store J, and $40,000 in Store K.

Question 1: What were the total sales in Store J?

Multiple Choice

Option 1: $100,000.

Option 2: $150,000.

Option 3: $250,000.

Option 4: $400,000.

Reference no: EM132590850

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