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2 Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results. 20 points

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2 Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results. 20 points Sales Variable costs as a percentage of sales) Traceable fixed costs Routers $ 900,000 400 $ 200,000 Switches $ 300,000 600 $ 100,000 eBook Print References In addition, fixed costs common to both product lines amounted to $120,000. Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each product line. (Round your percentage answers to the nearest whole percent.) HEPRAS INC Responsibility Income Statement For the Current Month Entire Company Routers Line Percent of Percent of Dollars Dollars Sales Sales % X Ethernet Switches Line Dollars Percent of Sales % % % 1% MC Prey Next > Check my work 2 In addition, fixed costs common to both product lines amounted to $120,000. Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each product line. (Round your percentage answers to the nearest whole percent.) 20 points eBook Print HEPRAS INC Responsibility Income Statement For the Current Month Entire Company Routers Line Dollars Percent of Percent of Dollars Sales Sales % % Ethernet Switches Line Dollars Percent of References Sales % % % % % % % Mc Graw HII

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