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26 Spiess Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below Common fixed expenses totaled $357,000 and were

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Spiess Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below Common fixed expenses totaled $357,000 and were allocated as follows: $161,000 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

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