Plant b had sales of 200000 and a contribution margin ratio, Ask an Expert

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Johnson Company operates two plants, Plant A and Plant B. Johnson Company reported for the year just ended a contribution margin of $50,000 for Plant A. Plant B had sales of $200,000 and a contribution margin ratio of 30%. Net operating income for the company was $20,000 and traceable fixed costs for the two plants totaled $50,000. Johnson Company's common fixed costs for last year were:

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Accounting Basics, Accounting

Category:- Accounting Basics
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