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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 $ 42,000,000 10,000,00035,000,000 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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