8.4

Questlon 8.4 (Total:24 marks) Hermlone Corporation produces and markets two types of electronic calculators: Model 11 and Model 12. The following data were gathered on activities last month: Required: 1. Prepare a segmented income statement in the contribution format for last month, showing both "Amount" and "Percent" columns for the company as a whole and for each model. 2. Refer to the original data and, if necessary, the results of the segmented income statement prepared in part (1) above. Calculate the total break-even sales (in units) for last month, assuming that none of the fixed production costs and fixed selling expenses is traceable. Allocate the total break-even sales between the two models