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 variable expenses in Store K?
A) $70,000.
B) $110,000.
C) $130,000.
D) $200,000.

Question

Quizplus · Accepted Answer

The Answer is C

Ieso Company Has Two Stores: J and K