Denner Company has two divisions,A and B,that reported the following results for October: If common fixed expenses were $31,000,total fixed expenses must have been:
A)$31,000
B)$62,000
C)$93,000
D)$52,000

Question

Denner Company has two divisions,A and B,that reported the following results for October:  If common fixed expenses were $31,000,total fixed expenses must have been:
A)$31,000 
B)$62,000 
C)$93,000 
D)$52,000

Quizplus · Accepted Answer

11eaaee8_66a5_f812_933a_2dba63a68d0e_TB5186_00 *Given
Solve in the following steps:
1) $2,000 + $23,000 = $25,000
2) $90,000 F1F1F1S1F1F1F10 70% = $63,000;$150,000 F1F1F1S1F1F1F10 60% = $90,000
3) $63,000 + $90,000 = $153,000
4) $90,000 + $150,000 = $240,000
5) $240,000 - $153,000 = $87,000
6) $87,000 - $25,000 = $62,000
7) $62,000 + $31,000 = $93,000

Denner Company Has Two Divisions,A and B,that Reported the Following