Question
Caltec, Inc., produces and sells recordable CD and DVD packs. Revenue and cost information relating to the products follow: Product CD DVD Selling price per
Caltec, Inc., produces and sells recordable CD and DVD packs. Revenue and cost information relating to the products follow:
| Product | ||||
| CD | DVD | |||
| Selling price per pack | $ | 10.00 | $ | 34.00 |
| Variable expenses per pack | $ | 3.10 | $ | 13.00 |
| Traceable fixed expenses per year | $ | 134,000 | $ | 45,000 |
| Common fixed expenses in the company total $103,000 annually. Last year the company produced and sold 35,000 CD packs and 17,000 DVD packs. |
| Required: |
| Prepare a contribution format income statement for the year segmented by product lines. |
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Auditing Outsourced Functions Risk Management In An Outsourced World
Authors: Mark Salamasick
1st Edition
0894137255, 9780894137259
