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Klinker Corporation consists of three segments: North America, Europe, and Asia. Revenues during 2013 for the three segments were $1,200,000, $3,800,000, and $800,000, respectively. Variable
Klinker Corporation consists of three segments: North America, Europe, and Asia. Revenues during 2013 for the three segments were $1,200,000, $3,800,000, and $800,000, respectively. Variable costs amounted to 30% of sales for all three segments, whereas the fixed expenses for each segment were $270,000, $900,000, and $600,000, respectively. The common fixed expenses for the company amounted to $1,590,000 for the year.
Required:
Prepared a segmented performance report for Klinker Corporation.
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