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.
-What were the total sales in Store J?
A) $100,000.
B) $150,000.
C) $250,000.
D) $400,000.

Question

Quizplus · Accepted Answer

The total sales in Store J can be found by adding up the sales for each department: 80,000 + 60,000 + 110,000 = 250,000. Therefore, choice C, $250,000, is the correct answer.

Ieso Company Has Two Stores: J and K