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anatomy66 anatomy66
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A year ago

Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below:

Sales revenues, Apparel$ 760,000
Variable expenses, Apparel$ 299,000
Traceable fixed expenses, Apparel$ 132,000
Sales revenues, Accessories$ 779,000
Variable expenses, Accessories$ 434,000
Traceable fixed expenses, Accessories$ 190,000

Common fixed expenses totaled $297,600 and were allocated as follows: $131,000 to the Apparel business segment and $166,600 to the Accessories business segment.

Required:

Prepare a segmented income statement in the contribution format for the company.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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lulllull
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A year ago
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