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2 Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the current month, the two dicions reported the following results Hardware Software Sales

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2 Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the current month, the two dicions reported the following results Hardware Software Sales $ 560,000 $ 320,000 Variable costs (as a percentage of sales) Traceable fixed costs $ 250,00 $ 125,00 0/10 points awarded Scored In addition, fixed costs common to both divisions amounted to $223,000. 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 division (Round percentage answers to 2 decimal place. Le 0.1234 should be considered as 12.34%) eBook NICHOLAS TECHNOLOGIES Responsibility Income Statement For the Current Month Entre Company Hardware Services Division Dollars Percent of Percent of Sales Dollars 3 3% References Software Services Division Dollars Percent of Sales Sales 3 0.00 3 0.00 3 0.00 3 0 3 0.00 0 0.00 3 EX 0.00 Antestined in a

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