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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.
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