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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 $ 692,000 Variable expenses, Apparel
Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: | |||
Sales revenues, Apparel | $ | 692,000 | |
Variable expenses, Apparel | $ | 302,000 | |
Traceable fixed expenses, Apparel | $ | 146,000 | |
Sales revenues, Accessories | $ | 787,000 | |
Variable expenses, Accessories | $ | 479,000 | |
Traceable fixed expenses, Accessories | $ | 124,000 | |
Common fixed expenses totaled $373,000 and were allocated as follows: $154,000 to the Apparel business segment and $219,000 to the Accessories business segment. | |||
Required: | |||
Prepare a segmented income statement in the contribution format for the company. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) | |||
Total | Apparel | Accessories | |
$ | $ | $ | |
$ | $ | ||
$ | |||
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