S Sonoma State University Chapter 06 HWw Sales Variable expenses $ 1,550,000 596

Question

S Sonoma State University Chapter 06 HWw Sales Variable expenses $ 1,550,000 596,900 Contribution margin Fixed expenses 953,100 048,000 Net operating income (los) $ (94,900) In an effort to isolate the problem, the president has asked for an income statement segmented by division Accordingly, the Accounting Department has developed the following information Division Central $380.000 $660,000 $510,000 East Sales 55% 24% 45% Variable expenses as a percentage of sales Traceable fixed expenses $287,000 $337,000 $204,000 Required: 1. Prepare a contribution format income statement segmented by divisions, as desired by the president Division Total Company East CentralWest O Type here to searc

Explanation / Answer

Total Company Division East Central West Sales           15,50,000                3,80,000       6,60,000     5,10,000 Variable cost              5,96,900                2,09,000       1,58,400     2,29,500 Contribution              9,53,100                1,71,000       5,01,600     2,80,500 Traceable Fixed Expenses              8,28,000                2,87,000       3,37,000     2,04,000 Territorial segment margin              1,25,100              (1,16,000)       1,64,600         76,500 Common fixed expenses              2,20,000 Net operating income(Loss)               (94,900)

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.