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Common fixed overhead for the factory was estimated to be $80,500. Common selling and administrative expense was estimated to be $74,000. Required: 1. Prepare a

image text in transcribed Common fixed overhead for the factory was estimated to be $80,500. Common selling and administrative expense was estimated to be $74,000. Required: 1. Prepare a segmented income statement for Chiltina for the coming year, using variable costing. Enter all amounts as positive numbers. Zip) requires the new equipment? Why? If the new equipment is needed in the product line, the increase will cause that segment margin to become a loss and management will need to consider whether the line should be dropped

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