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3. Responsibility income statement-preparatiorn Gameland Village is segmented into two sales departments: software and video games. During April, these two departments reported the following operating
3. Responsibility income statement-preparatiorn Gameland Village is segmented into two sales departments: software and video games. During April, these two departments reported the following operating results SoftwareVideo Games 200,000 56% $16,000 $400,000 65% $20,000 Variable costs (as a percentage of sales In addition, fixed costs common to both departments amounted to S42,000 Complete the following segmented income statement for Gameland Village. Follow the contribution margin approach, and show percentages as well as dollar amounts. Conclude your income statement with the company's income from operations GAMELAND VILLAGE Income Statement by Product Lines For the Month Ended April 30, 20 Segments ameland Village Dollars Software Video Gam es 00 | Dollars Sales Variable Costs % | Dollars 100 $200,000 65 100 56 $400,000
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