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Business, 04.03.2021 23:00 evapoliziani

Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward Charles Sales $ 603,000 $ 402,800 Variable Costs 198,000 253,000 Contribution Margin $ 405,000 $ 149,800 Fixed Costs 177,600 172,700 Profit Margin $ 227,400 $ (22,900 ) Of the total fixed costs, $302,600 are common fixed costs that are allocated equally between the divisions. How much did the Charles division incur in direct fixed costs

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Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the prev...
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