Denner Corporation has two divisions, A and B. The following data pertain to operations in October:
Division A Division B
Sales $90,000 $150,000
Variable expenses as a percentage of sales 70% 60%
Segment margin $2,000 $23,000
If common fixed expenses were $31,000, total fixed expenses were:
a. $31,000
b. $62,000
c. $93,000
d. $52,000