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Home Q & A Board Other Fields Homework Help Business Accounting
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bluerose501 bluerose501
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A year ago

Ferrar Corporation has two major business segments: Consumer and Commercial. Data for the segments and for the company for March appear below:

Sales revenues, Consumer$ 680,000
Sales revenues, Commercial$ 280,000
Variable expenses, Consumer$ 394,000
Variable expenses, Commercial$ 143,000
Traceable fixed expenses, Consumer$ 102,000
Traceable fixed expenses, Commercial$ 45,000

In addition, common fixed expenses totaled $210,000 and were allocated as follows: $122,000 to the Consumer business segment and $88,000 to the Commercial business segment.

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:



▸ $66,000

▸ $(144,000)

▸ $423,000

▸ $276,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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apontea13apontea13
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A year ago
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bluerose501 Author
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A year ago
Thanks for your help!!
shelbycox
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Yesterday
Thanks
Turboturner
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2 hours ago
Thank you, thank you, thank you!
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