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What were lyons company common fixed expenses

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Question 1: Lyons Company consists of two divisions: A and B. Lyons Company reported a contribution margin of $50,000 for Division A, and had a contribution margin ratio of 30% in Division B, when sales in Division B were $200,000. Operating income for the company was $25,000 and traceable fixed expenses were $40,000. What were Lyons Company's common fixed expenses?

Multiple Choice

Option 1: $40,000.

Option 2: $45,000.

Option 3: $70,000.

Option 4: $85,000.

Reference no: EM132590861

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