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Jimbob Co. has three operating segments which are accounted for as profit centres with the following information for the most recent fiscal year. Division A
Jimbob Co. has three operating segments which are accounted for as profit centres with the following information for the most recent fiscal year. Division A B Sales S 42,000,000 10,000,000 35,000,000 Total variable expenses $ 35,700,000 7,500,000 30,450,000 Total traceable fixed expenses $ 4,200,000 1,900,000 2,940,000 In addition to the above the company has common fixed expenses of $3,290,000 Required: Prepare a Profit Centre Segmented Report which shows contribution and segment margins and total net income for the company
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