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Determine the total fixed costs of the iks company

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Reference no: EM133160508

Question - IKS has two subsidiaries: F1 and F2. We present to you the following data for 2021:

F1's variable cost margin was $300,000.

The specific fixed costs were $50,000 for F1 and $30,000 for F2.

F2's segment profit was $50,000.

The net profit of the IKS company was $80,000.

In 2021, determine the total fixed costs (specific and common) of the IKS company?

Reference no: EM133160508

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