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Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel $ 751,000 Variable expenses, Apparel
Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below: |
Sales revenues, Apparel | $ | 751,000 |
Variable expenses, Apparel | $ | 388,000 |
Traceable fixed expenses, Apparel | $ | 140,000 |
Sales revenues, Accessories | $ | 828,000 |
Variable expenses, Accessories | $ | 449,000 |
Traceable fixed expenses, Accessories | $ | 117,000 |
Common fixed expenses totaled $322,000 and were allocated as follows: $137,000 to the Apparel business segment and $185,000 to the Accessories business segment. |
Required: |
Prepare a segmented income statement in the contribution format for the company. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) |
Total | Apparel | Accessories | |
(Click to select) Common fixed expenses Segment margin Sales Traceable fixed expenses Net operating income (loss) Variable expenses Contribution margin | $ | $ | $ |
(Click to select) Contribution margin Traceable fixed expenses Common fixed expenses Sales Net operating income (loss) Segment margin Variable expenses | |||
(Click to select) Traceable fixed expenses Segment margin Variable expenses Net operating income (loss) Sales Contribution margin Common fixed expenses | |||
(Click to select) Net operating income (loss) Traceable fixed expenses Common fixed expenses Sales Segment margin Contribution margin Variable expenses | |||
(Click to select) Contribution margin Variable expenses Segment margin Common fixed expenses Traceable fixed expenses Sales Net operating income (loss) | $ | $ | |
(Click to select) Net operating income (loss) Contribution margin Common fixed expenses Segment margin Traceable fixed expenses Sales Variable expenses | |||
(Click to select) Variable expenses Segment margin Contribution margin Common fixed expenses Sales Traceable fixed expenses Net operating income (loss) | $ | ||
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