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Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North $ 660,000 Variable expenses, North

Data for January for Bondi Corporation and its two major business segments, North and South, appear below:

Sales revenues, North $ 660,000 Variable expenses, North $ 383,000 Traceable fixed expenses, North $ 79,000 Sales revenues, South $ 510,000 Variable expenses, South $ 291,000 Traceable fixed expenses, South $ 66,000

In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment.

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

$496,000

$172,000

$351,000

$(7,000)

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