Question
Data for September concerning Greenberger Corporation's two major business segments--Fibers and Feedstocks--appear below: Sales revenues, Fibers Sales revenues, Feedstocks Variable expenses, Fibers Variable expenses, Feedstocks
Data for September concerning Greenberger Corporation's two major business segments--Fibers and Feedstocks--appear below:
Sales revenues, Fibers Sales revenues, Feedstocks Variable expenses, Fibers Variable expenses, Feedstocks Traceable fixed expenses, Fibers Traceable fixed expenses, Feedstocks
$ 870,000
$ 800,000
$ 392,000
$ 326,000
$ 122,000
$ 160,000
Common fixed expenses totaled $380,000 and were allocated as follows: $193,000 to the Fibers business segment and $187,000 to the Feedstocks business segment.
Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.
Total Company Fibers Feedstocks
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