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Johnson Company operates two plants, Plant A and Plant B. Last year, Johnson Company reported a contribution margin of $47,700 for Plant A. Plant B had sales of $231,000 and a contribution margin ratio of 35%. Net operating income for the company was $27,200 and traceable fixed expenses for the two stores totaled $59,700. Johnson Company's common fixed expenses were?

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Accounting Basics, Accounting

Category:- Accounting Basics
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