Biology Forums - Study Force

Mounce Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows:

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Basic

Super

Sales	$200,000	$250,000
Contribution margin	25%	28%
Total fixed costs	$65,000	$65,000

Required:

Prepare a segment margin income statement. Omit the heading. Common fixed costs of $25,000 are allocated Basic and $30,000 to Super.

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