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Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: Sales revenues, Apparel $ 699,000 Variable expenses, Apparel
Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: |
Sales revenues, Apparel | $ | 699,000 |
Variable expenses, Apparel | $ | 367,000 |
Traceable fixed expenses, Apparel | $ | 179,000 |
Sales revenues, Accessories | $ | 795,000 |
Variable expenses, Accessories | $ | 483,000 |
Traceable fixed expenses, Accessories | $ | 145,000 |
Common fixed expenses totaled $231,000 and were allocated as follows: $89,000 to the Apparel business segment and $142,000 to the Accessories business segment. |
Required: |
Prepare a segmented income statement in the contribution format for the company. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) |
Total | Apparel | Accessories | |
(Click to select)Common fixed expensesVariable expensesTraceable fixed expensesSalesSegment marginContribution marginNet operating income (loss) | $ | $ | $ |
(Click to select)SalesVariable expensesSegment marginCommon fixed expensesContribution marginNet operating income (loss)Traceable fixed expenses | |||
(Click to select)Common fixed expensesSegment marginVariable expensesNet operating income (loss)Traceable fixed expensesContribution marginSales | |||
(Click to select)Segment marginContribution marginVariable expensesTraceable fixed expensesNet operating income (loss)SalesCommon fixed expenses | |||
(Click to select)Variable expensesSalesTraceable fixed expensesNet operating income (loss)Contribution marginCommon fixed expensesSegment margin | $ | $ | |
(Click to select)Net operating income (loss)Variable expensesSalesContribution marginCommon fixed expensesTraceable fixed expensesSegment margin | |||
(Click to select)Traceable fixed expensesContribution marginNet operating income (loss)Common fixed expensesSalesSegment marginVariable expenses | $ | ||
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