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Ch10 part1 homework Question 2 of 3 > 17.54 / 24 : View Policies Show Attempt History Current Attempt in Progress Your answer is partially
Ch10 part1 homework Question 2 of 3 > 17.54 / 24 : View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Blossom Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows: Basic Super Sales $223,000 $273,000 Contribution margin 25% 28% Total fixed costs $88,000 $88,000 Prepare a segment margin income statement. Omit the heading. Common fixed costs of $48,000 are allocated Basic and $53,000 to Super. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5, 125 or parenthesis, e.g. (5, 125).) Basic Super Total $ 223,000 $ 273,000 $ 496,000 Variable expenses 167 250 i 196,560 i 363,810 MacBookCh10 part1 homework Question 2 of 3 17.54 / 24 : Prepare a segment margin income statement. Omit the heading. Common fixed costs of $48,000 are allocated Basic and $53,000 to Super. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5, 125 or parenthesis, e.g. (5, 125).) Basic Super Total $ 223,000 $ 273,000 $ 496,000 Variable expenses 167,250 i 196,560 363 , 810 on margin 55,750 76,440 132, 190 Traceable fixed expenses -88,000 88,000 -176,000 nargin 32,250 -11,560 43,810 ixed expenses (101,000) ing income/loss $ -144,810 eTextbook and Media Save for Later Attempts: 2 of 3 used Submit Answer MacBook
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