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Airway Phones Inc. sells one type of home phone and one type of cellular phone. Revenue and cost information for the year ended July 31,

Airway Phones Inc. sells one type of home phone and one type of cellular phone. Revenue and cost information for the year ended July 31, 2019 relating to the products are presented below.

Home Phones Cell Phones
Selling price per phone $63 $77
Variable cost per phone $29 $34
Traceable fixed costs $144,000 $91,000

The company incurs $190,000 in common fixed costs per year. Airway manufactured and sold 20,400 home phones and 21,900 cell phones. Prepare a segmented contribution margin statement for the year based on product line. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number.

Airway Inc. Segmented Contribution Margin Statement For the Year Ended July 31, 2019
Segment (Product Line)
Total Home Phones Cell Phones
Sales $Answer $Answer $Answer
Less: Variable Costs $Answer $Answer $Answer
Contribution Margin $Answer $Answer $Answer
Less: Traceable Fixed Costs $Answer $Answer $Answer
Segment Margin $Answer $Answer $Answer
Less: Common Fixed Costs $Answer
Operating Income $Answer

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