mework -4 Question 1 of 2 View Policies Current Attempt in Progress Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the joints The company has two divisions. Sole Inserts and HeelInserts. A segmented income statement from last month follows Sales revenue Less variable expenses Contribution margin Less traceable fixed expenses Segment marin Common foed costs Net operating income Sole Inserts Division $497500 314,000 183500 121.800 $61,700 Heel Inserts Division $2.511.000 2,047.000 464,000 349,800 $114200 Total Shoe Shock $3.008,500 2.361.000 647.500 471.600 175.000 173.700 $2,200 Sandra Robinson is Shoe Shock's sales manager. Although this statement provides useful information, Sandra wants to know how well the company's two distribution channels, specialty footwear stores and drugstores are performing Marketing data indicates that 35% of sole Inserts and 60% of heel inserts are sold through specialty footwear stores. A recent analysis of corporate fixed costs revealed that % of all fred costs are traceable to specialty footwear stores and 55% of all fed costs to drugstores. (ay Prepare a segment margin income statement for Shoe Stocks two distribution channels internetve amounts using either a gative sin preceding the numbers-45 of parentheses (454 Specialty Footwear Stores NacBook Pro Bo to 8: a : 4 A 1 $ 4 % 5 & 7 00. 2 6 9 0 { W E R T Y Y U O P S D F G H J K L . mework - 74 Question 1 of 2 Prepare a segment margin income statement for Shoe Shock's two distribution channels. (Enter negative amounts using either a nepatives preceding the number es. 45 or parentheses (451 Specialty Footwear Stores $ eTextbook and Media Attempts: 0 of used Suomt Awww ora MacBook Pro B: 00 So F3 bb DR TE 1 12 FS % A . ) $ 4 & 7 2 3 5 6 8 9 0 c mework -4 Question 1 of 2 View Policies Current Attempt in Progress Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the joints The company has two divisions. Sole Inserts and HeelInserts. A segmented income statement from last month follows Sales revenue Less variable expenses Contribution margin Less traceable fixed expenses Segment marin Common foed costs Net operating income Sole Inserts Division $497500 314,000 183500 121.800 $61,700 Heel Inserts Division $2.511.000 2,047.000 464,000 349,800 $114200 Total Shoe Shock $3.008,500 2.361.000 647.500 471.600 175.000 173.700 $2,200 Sandra Robinson is Shoe Shock's sales manager. Although this statement provides useful information, Sandra wants to know how well the company's two distribution channels, specialty footwear stores and drugstores are performing Marketing data indicates that 35% of sole Inserts and 60% of heel inserts are sold through specialty footwear stores. A recent analysis of corporate fixed costs revealed that % of all fred costs are traceable to specialty footwear stores and 55% of all fed costs to drugstores. (ay Prepare a segment margin income statement for Shoe Stocks two distribution channels internetve amounts using either a gative sin preceding the numbers-45 of parentheses (454 Specialty Footwear Stores NacBook Pro Bo to 8: a : 4 A 1 $ 4 % 5 & 7 00. 2 6 9 0 { W E R T Y Y U O P S D F G H J K L . mework - 74 Question 1 of 2 Prepare a segment margin income statement for Shoe Shock's two distribution channels. (Enter negative amounts using either a nepatives preceding the number es. 45 or parentheses (451 Specialty Footwear Stores $ eTextbook and Media Attempts: 0 of used Suomt Awww ora MacBook Pro B: 00 So F3 bb DR TE 1 12 FS % A . ) $ 4 & 7 2 3 5 6 8 9 0 c
