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	$	9.00	$	31.00
Variable expenses per pack	$	3.10	$	14.00
Traceable fixed expenses per year	$	137,000	$	37,000

Common fixed expenses in the company total $108,000 annually. Last year the company produced and sold 36,500 CD packs and 18,500 DVD packs.

Required:

Prepare a contribution format income statement for the year segmented by product lines. (Input all amounts as positive values except losses which should be indicated by a minus sign.)

	Product Line
	Total	CD	DVD
(Click to select)SalesNet operating income (loss)Traceable fixed expensesContribution marginCommon fixed expenses not traceable to productsProduct line segment marginVariable expenses	$	$	$
(Click to select)Common fixed expenses not traceable to productsContribution marginVariable expensesProduct line segment marginNet operating income (loss)SalesTraceable fixed expenses
(Click to select)Gross marginContribution margin
(Click to select)Contribution marginCommon fixed expenses not traceable to productsSalesTraceable fixed expensesProduct line segment marginNet operating income (loss)Variable expenses
(Click to select)Variable expensesProduct line segment marginCommon fixed expenses not traceable to productsContribution marginNet operating income (loss)SalesTraceable fixed expenses		$	$
(Click to select)Variable expensesTraceable fixed expensesNet operating income (loss)Product line segment marginCommon fixed expenses not traceable to productsContribution marginSales
(Click to select)Net operating incomeNet operating loss	$