1.Nelter Corporation,

Spless Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel $775,090 Variable expenses, Apparel $304, 090 Traceable fixed expenses, Apparel $183, 090 Sales revenues, Accessories $821, 090 Variable expenses, Accessories $510, 090 Traceable fixed expenses, Accessories $195, 096 Common fixed expenses totaled $282,000 and were allocated as follows: $96,000 to the Apparel business segment and $186,000 to the Accessories business segment. Required: Prepare a segmented Income statement In the contribution format for the company. Total Company Apparel Accessories Net operating income (loss) S 0Required A Required B Required C Required D Compute the unit product cost under both the absorption costing and variable costing approaches. Cost Per Unit Absorption costing Variable costing \fRequired A Required B Prepare a contribution format income statement for the month using variable costing. Variable Costing Income Statement Variable expenses: 0 0 Fixed expenses: 0 Required A Required B Required C Without preparing an income statement, determine the absorption costing net operating income for the month. reconciliation method.) Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes Variable costing net operating income (loss) Absorption costing net operating income (1089) \fRequired A Required B Required C Required D Prepare an income statement for the year using absorption costing. Absorption Costing Income Statement \fRequired A Required B Prepare an income statement for the month using absorption costing Absorption Costing Income Statement