1b. Prepare contribution format segmented income statements for the Northern Ter
ID: 2569501 • Letter: 1
Question
1b. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. (Do not round your intermediate and round your final percentage answers to 1 decimal place (l.e. .1234 should be entered as 12.3).) Product Line Northern Territory Paks Tibs Sales 100.0 S 100,000 S 400,000 216,000 184,000 123,000 54.0 46.0 30.8 15.2 S 34,000 100.0S 300,000 201,000 99,000 72,000 34.0 27,000 15.0 85.0 51.0 100.0 67.0 33.0 24.0 9.0 Variable expenses 15,000 Traceable fixed expenses Product line segment margin Common fixed expenses Sales territory segment margin 51,000 61,000 S 61,000 5.2Explanation / Answer
Deduct the territorial segment margin for northern territory calculated in the Part 1a of the answer from the product line segment margin i.e. $61,000 given in the question. and the resultant figure will be the common fixed expenses for the northern territory given in the Part 1b of the question. and then calculate its percentage to the sales and write it down in the column.
I have given the answer based on the data given in the question. For detailed answer either give the whole data of the question.
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