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1. (TCO D) Seebach Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for June appear below: Sales revenues, apparel. $ 7000,000
1. (TCO D) Seebach Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for June appear below: Sales revenues, apparel. $ 7000,000 Variable expense, apparel. ..$ 406,000 Traceable fixed expanses apparel$ 98,000 Sales revenues, accessories.. $710,000 Variable expenses, accessories $ 312,000 Traceable fixed expenses accessories ..$107,000 Common fixed expenses totaled $292,000 and were allocated as follows: $155,000 to the Apparel business segment and $137,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts
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