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Home Q & A Board Other Fields Homework Help Business Accounting
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remmylp remmylp
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A year ago
Nobles Corporation provided the following income statement for two of its divisions: East and West.

​​EastWestTotal
Revenue$510,000$480,000$990,000
Variable expenses​​​
  Product370,000 260,000630,000
  Selling and administrative  80,000   88,000168,000
Contribution margin60,000 132,000192,000
Less fixed costs  100,000  100,000200,000
Operating income($ 40,000)$  32,000($   8,000)

Required:

The home office allocated common fixed costs of $80,000 to East and $60,000 to West. Prepare a segment margin income statement. Omit the heading.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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desai.sumeet1desai.sumeet1
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A year ago
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