Net operating income for the company was 22000 and, Accounting Basics

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Net operating income for the company was 22000 and

Lyons Company consists of two divisions, A and B. Lyons Company reported a contribution margin of $60,000 for Division A, and had a contribution margin ratio of 30 percent in Division B, when sales in Division B were $240,000. Net operating income for the company was $22,000 and traceable fixed expenses were $45,000. How much were Lyons Company's common fixed expenses?

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Accounting Basics: Net operating income for the company was 22000 and

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Accounting Basics: Net operating income for the company was 22000 and

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