Kraft Bowlen owns two sports franchisesthe Bladers (a hockey team) and the Ballers (a basketball team). The following information was provided for the coming year.

	Bladers	Ballers
Sales	$80,000,000	$180,000,000
Variable cost of goods sold	10,000,000	30,000,000
Direct fixed overhead	20,000,000	100,000,000

A sales commission of 5% of sales revenue is paid for each of the two sports franchises. Direct fixed selling and administrative expense was estimated to be $4,000,000 for the Bladers franchise and $10,000,000 for the Ballers franchise.

Common fixed overhead associated with owning the franchises was estimated to be $18,000,000; common selling and administrative expense was estimated to be $8,000,000.

Required:

Prepare a segmented income statement for Kraft Bowlen for the coming year, using variable costing.

Note: Enter all amounts as positive numbers except operating loss, if applicable.

Kraft Bowlen
Segmented Income Statement
For the Coming Year
	Bladers	Ballers	Total
	$fill in the blank 2	$fill in the blank 3	$fill in the blank 4
Less variable expenses:
	fill in the blank 6	fill in the blank 7	fill in the blank 8
	fill in the blank 10	fill in the blank 11	fill in the blank 12
Contribution margin	$fill in the blank 13	$fill in the blank 14	$fill in the blank 15
Less direct fixed expenses:
	fill in the blank 17	fill in the blank 18	fill in the blank 19
	fill in the blank 21	fill in the blank 22	fill in the blank 23
Segment margin	$fill in the blank 24	$fill in the blank 25	$fill in the blank 26
Less common fixed expenses:
			fill in the blank 28
			fill in the blank 30
			$fill in the blank 32