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3 Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the current month, the two divisions reported the following results. 10 points Sales

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3 Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the current month, the two divisions reported the following results. 10 points Sales Variable costs (as a percentage of sales) Traceable fixed costs Hardware $ 580,000 4 $ 250,00 Software $90,00 45% $ 125,000 8 DSC eBook In addition, fixed costs common to both divisions amounted to $211,000 Prepare an income statement showing percentages as well as collar 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. I.e. 0.1234 should be considered as 12.34%.) Print References NICHOLAS TECHNOLOGIES Responsibility Income Statement For the Current Month Entire Company Hardware Services Division Dollars Percent of Salles Dollars Percent of Sales Software Services Division Dollars Percent of Sales $

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