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Question(s) / Instruction(s):

The Hassan Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $20,000,000 bond issuance, the Electric Mixer Division used $14,000,000 and the Electric Lamp Division used $6,000,000 for expansion. Interest costs on the bond totaled $1,500,000 for the year. Which corporate costs should be allocated to divisions?

A.            Variable Costs                     

B.            Fixed Costs                           

C.            Neither fixed nor variable costs                   

D.            Both fixed and variable costs

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