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Triumph Company has three divisions, L, O, and T. The following information is available for...

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Accounting

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

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