The Sphinx division of Shepherd Corporation generated division generated net revenues of $12,000,000 and variable expenses of $7,700,000.If common corporate fixed costs were $1,000,000 and the segment margin was $1,300,000,what are the division's direct fixed expenses?
A) $4,300,000
B) $3,000,000
C) $300,000
D) The ans cannot be determined from the information given.
Correct Answer:
Verified
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