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Camden Company has divided its business into segments based on sales territories: East Coast, Midland, and West Coast. Following are financial data for 2018: (Click
Camden Company has divided its business into segments based on sales territories: East Coast, Midland, and West Coast. Following are financial data for 2018: (Click the icon to view the financial data.) Prepare an income statement for Camden Company for 2018 using the contribution margin format assuming total fixed costs for the company were $435,000. Include columns for each business segment and a column for the total company. Begin by preparing the contribution margin income statement for each segment, then for the total of the company. Camden Company Contribution Margin Income Statement For the Year Ended December 31, 2018 East Coast Units Sold units Data table Net Sales Revenue Variable Costs Contribution Margin East Coast Midland West Coast Fixed Costs sold 71 69 53 Operating Income Sales price per unit $ 10,300 $ 12,000 13,600 $ 7,072 Variable cost per unit 6,283 7,080 Print Done Help me solve this Demodocs example Get more help Clear all Ch
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