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Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below:

Sales revenues, Apparel	$	775,000
Variable expenses, Apparel	$	304,000
Traceable fixed expenses, Apparel	$	183,000
Sales revenues, Accessories	$	821,000
Variable expenses, Accessories	$	510,000
Traceable fixed expenses, Accessories	$	195,000

Common fixed expenses totaled $282,000 and were allocated as follows: $96,000 to the Apparel business segment and $186,000 to the Accessories business segment.

Required:

Prepare a segmented income statement in the contribution format for the company.

Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below:

Sales revenues, Apparel	$	775,000
Variable expenses, Apparel	$	304,000
Traceable fixed expenses, Apparel	$	183,000
Sales revenues, Accessories	$	821,000
Variable expenses, Accessories	$	510,000
Traceable fixed expenses, Accessories	$	195,000

Common fixed expenses totaled $282,000 and were allocated as follows: $96,000 to the Apparel business segment and $186,000 to the Accessories business segment.

Required:

Prepare a segmented income statement in the contribution format for the company.

Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below:

Sales revenues, Apparel	$	775,000
Variable expenses, Apparel	$	304,000
Traceable fixed expenses, Apparel	$	183,000
Sales revenues, Accessories	$	821,000
Variable expenses, Accessories	$	510,000
Traceable fixed expenses, Accessories	$	195,000

Common fixed expenses totaled $282,000 and were allocated as follows: $96,000 to the Apparel business segment and $186,000 to the Accessories business segment.

Required:

Prepare a segmented income statement in the contribution format for the company.

	Total Company	Apparel	Accessories