1

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

Sales revenues, Apparel	$	727,000
Variable expenses, Apparel	$	386,000
Traceable fixed expenses, Apparel	$	123,000
Sales revenues, Accessories	$	784,000
Variable expenses, Accessories	$	400,000
Traceable fixed expenses, Accessories	$	125,000

Common fixed expenses totaled $369,000 and were allocated as follows: $162,000 to the Apparel business segment and $207,000 to the Accessories business segment.

Required:

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