Triumph Company has three divisions, L, 0, and T. The following information is available for...
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Triumph Company has three divisions, L, 0, and T. The following information is available for the most recent month: Iriumph Company: $513,000 $125,770 $ 57,300 Sales revenue Total fixed costs Net income Division L: Sales revenue $163,000 Segment margin $ 20,810 Division 0: Contribution margin $30,150 $ 14,270 Traceable fixed costs Variable cost ratio 85% Division T: $ 41,720 $ 67,370 Variable costs Segment margin Calculate the traceable fixed costs reported by Division L during the most recent month
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