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I will rate the correct answer. Thank you in advance! Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the

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I will rate the correct answer. Thank you in advance!

Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results Routers $630,000 Switches $990,000 Sales Variable costs (as a percentage of sales) Traceable fixed costs 40% 45% $250,000 $125,00e In addition, fixed costs common to both product lines amounted to $222,000 Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each product line. (Round percentage answers to 2 decimal place. i.e. 0.123 should be considered as 12.34%.) HEPRAS INC Responsibility Income Statement For the Current Month Entire Company Routers Line Ethernet Switches Line Percent of Sales Dollars Dollars Percent of Sales Dollars Percent of Sales 0.00% | $ 0.00 % 0.00 % 0.00 % 0.00196 | S 000 % 0.00 %

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