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A 1 Question-Segment Analysis (16 marks) 2 3 Harmark has three product lines in its retail stores: Kites, Wind Socks and Flags. Results of
A 1 Question-Segment Analysis (16 marks) 2 3 Harmark has three product lines in its retail stores: Kites, Wind Socks and Flags. Results of the fourth quarter are presented below: Kites Wind Socks Flags 4 5 Units Sold 2,000 1,500 1,200 6 Selling price per unit S 18.00 $ 25.00 $ 14.00 7 Total Variable Costs $ 20,000 $ 21,500 $10,000 Fixed Costs Advertising campaigns that focus on ONE product) $ 3,100 S 3,500 $ 2,600 8 line only Allocated common fixed costs (salaries of sales staff that sell all 5,000 $ 5,000 $ 5,000 9 product lines) 10 11 Allocated common costs will be incurred regardless of which product lines are offered. 12 Required part A: Prepare a segmented income statement in proper format: (11 marks) Harmark
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