Chapter 7: Segment Reporting Carlsbad Corporation produces and markets two types of electronic calculators: Model 4A...

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Chapter 7: Segment Reporting Carlsbad Corporation produces and markets two types of electronic calculators: Model 4A and Model 5A. The following data were gathered on activities during the third quarter: Sales in units Model 4A Model SA 5,000 3,000 Sales price per unit $100 $200 Variable production costs per $20 $40 unit Traceable fixed production $200,000 $300,000 costs Variable selling expenses per unit $10 $12 Traceable fixed selling expenses $10,000 $15,000 Allocated portion of corporate expenses $116,000 $120,000 Required: Prepare a segmented income statement for last quarter. The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line. Chapter 7: Segment Reporting Carlsbad Corporation produces and markets two types of electronic calculators: Model 4A and Model 5A. The following data were gathered on activities during the third quarter: Sales in units Model 4A Model SA 5,000 3,000 Sales price per unit $100 $200 Variable production costs per $20 $40 unit Traceable fixed production $200,000 $300,000 costs Variable selling expenses per unit $10 $12 Traceable fixed selling expenses $10,000 $15,000 Allocated portion of corporate expenses $116,000 $120,000 Required: Prepare a segmented income statement for last quarter. The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line.