Hal-Marts, Inc., has two sales departments: equipment and clothing. During February, these two departments reported the following operating results:

Equipment Clothing

sales $490,000 $250,000

contribution margin 35% 50%

traceable fixed costs $29,200 $26,800

In addition, fixed costs common to both departments amounted to $54,400. Complete the following responsibility income statement for Hal-Marts, Inc. Follow the contribution margin approach, and show percentages as well as dollar amounts. Conclude your income statement with the companys income from operations.

HAL-MARTS, INC Income Statement by Product Lines For the Month Ended February 28, 20__				Segments
	HAL-Marts, Inc.			Equipment			Clothing
	Dollars		%	Dollars		%	Dollars		%
Sales				$490,000			$250,000
Contribution margin