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bklm1234 bklm1234
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A year ago

Data for September concerning Greenberger Corporation's two major business segments--Fibers and Feedstocks--appear below:

Sales revenues, Fibers$ 750,000
Sales revenues, Feedstocks$ 620,000
Variable expenses, Fibers$ 368,000
Variable expenses, Feedstocks$ 254,000
Traceable fixed expenses, Fibers$ 98,000
Traceable fixed expenses, Feedstocks$ 112,000

Common fixed expenses totaled $344,000 and were allocated as follows: $175,000 to the Fibers business segment and $169,000 to the Feedstocks business segment.

Required:

Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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live4outdoorslive4outdoors
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