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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.
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