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HSyllabus-2017 Fall Term X CHAPTER 7 Recitation 11192017-2] C O ezto.mheducation

ID: 2592775 • Letter: H

Question

HSyllabus-2017 Fall Term X CHAPTER 7 Recitation 11192017-2] C O ezto.mheducation.com/hm.tpx : Apps T Doorman jobs Indel E Bols d'Argent on Dio D product Duk NDH M McGraw-Hil Connect 10.00 points Piar cormporaton has two major business seaments Apparel and Acessories. Data concerning those Corporation has two major business segments Apparel and Accessories. Data co segments for October appear below Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Aocessories Traceable fxed expenses, Accesscries $693,000 S 356,000 $ 167.000 S 790 000 $ 424.000 5 176,000 Common fixed expenses totaled $293,000 and were allocated as folows: $120.000 to the Apparel business segment and $173,000 to the Accessories business segment Required Prepare a segmented income statement in the contr bution format for the company Total Company ApparelAccessories Type here to search

Explanation / Answer

particulars total apperal accessiories sales 14,83,000 693,000 790,000 variable cost 7,80,000 356,000 424,000 contribution margin 703,000 337,000 366,000 fixed cost direct 343000 167000 176000 common 293000 120000 173000 total fixed cost 636000 287000 349000 NET INCOME 67000 50000 17000