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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 $ 707,000 Variable expenses, Apparel
Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below:
Sales revenues, Apparel | $ | 707,000 |
Variable expenses, Apparel | $ | 398,000 |
Traceable fixed expenses, Apparel | $ | 176,000 |
Sales revenues, Accessories | $ | 858,000 |
Variable expenses, Accessories | $ | 522,000 |
Traceable fixed expenses, Accessories | $ | 151,000 |
Common fixed expenses totaled $286,000 and were allocated as follows: $94,000 to the Apparel business segment and $192,000 to the Accessories business segment. |
Required: |
Prepare a segmented income statement in the contribution format for the company. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) |
Total | Apparel | Accessories | |
$ | $ | $ | |
$ | $ | ||
$ |
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