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i give upvotes to complete answers. thank you. Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below:
i give upvotes to complete answers. thank you.
Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: 751,000 Sales revenues, Apparel 388,000 Variable expenses, Apparel Traceable fixed expenses, Apparel 140,000 828,000 Sales revenues, Accessories 449,000 Variable expenses, Accessories 117,000 Traceable fixed expenses, Accessories Common fixed expenses totaled $322,000 and were allocated as follows: $137,000 to the Apparel business segment and $185,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Accessories Total Company ApparelStep by Step Solution
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