Martin Company sells two products, Standard and Deluxe. Data for activity during January are as follows:

	Standard	Deluxe
Sales	$100,000	$120,000
Contribution margin	35%	30%
Traceable fixed costs	$15,000	$25,000

Please:

Prepare a Segment Margin income statement. Common fixed costs total $25,000 & are allocated one-half to Standard and one-half to Deluxe (hint: allocation of common fixed costs may not be relevant to a Segment Margin Income Statement)