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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 $ 779,000 Variable expenses, Apparel
Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: |
Sales revenues, Apparel | $ | 779,000 |
Variable expenses, Apparel | $ | 338,000 |
Traceable fixed expenses, Apparel | $ | 115,000 |
Sales revenues, Accessories | $ | 828,000 |
Variable expenses, Accessories | $ | 455,000 |
Traceable fixed expenses, Accessories | $ | 157,000 |
Common fixed expenses totaled $330,000 and were allocated as follows: $157,000 to the Apparel business segment and $173,000 to the Accessories business segment. |
Required: |
Prepare a segmented income statement in the contribution format for the company. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) |
Total | Apparel | Accessories | |
(Click to select)Segment marginNet operating income (loss)Contribution marginTraceable fixed expensesCommon fixed expensesSalesVariable expenses | $ | $ | $ |
(Click to select)Common fixed expensesContribution marginTraceable fixed expensesSalesNet operating income (loss)Variable expensesSegment margin | |||
(Click to select)Traceable fixed expensesSalesNet operating income (loss)Contribution marginVariable expensesCommon fixed expensesSegment margin | |||
(Click to select)Net operating income (loss)SalesVariable expensesSegment marginTraceable fixed expensesContribution marginCommon fixed expenses | |||
(Click to select)Traceable fixed expensesSalesNet operating income (loss)Common fixed expensesSegment marginContribution marginVariable expenses | $ | $ | |
(Click to select)Common fixed expensesNet operating income (loss)Variable expensesContribution marginSegment marginSalesTraceable fixed expenses | |||
(Click to select)Contribution marginTraceable fixed expensesVariable expensesCommon fixed expensesSegment marginNet operating income (loss)Sales | $ | ||
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