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1 Spiess Corporation has two major business segments Apparel and Accessories. Data concering those segments for December appear below -0.40.01 Sales revenues. Apparel Variable expenses,

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1 Spiess Corporation has two major business segments Apparel and Accessories. Data concering those segments for December appear below -0.40.01 Sales revenues. Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories 5693.000 $324,000 $193,000 $776,000 $429,000 $127,000 Common fixed expenses totaled $342,000 and were allocated as follows $146,000 to the Apparel business segment and $196,000 to the Accessories business segment Required: Prepare a segmented income statement in the contribution format for the company. Total Company Apparel Accessories $ 693.000 S 776,000 (324,000) (429,000) 369.000 347,000 0 0 $ 350,000 $347.000 s 0 Net operating income (loss)

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