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need the answer asap The Winter Products Division of American Sports Corporation produces and markets two products for use in the snow: Sleds and Saucers.
need the answer asap
The Winter Products Division of American Sports Corporation produces and markets two products for use in the snow: Sleds and Saucers. The following data were gathered on activities last month: Sleds Saucers Sales in units 2,000 9,000 Selling price per unit $50 $20 Variable fixed production costs $20 $S Traceable fixed production costs $12,000 $33,000 Variable selling expenses per unit $2 $1 Traceable fixed selling expenses $2,000 $3,000 Allocated division administrative expenses $40,000 $72,000 Required: a. Prepare a segmented income statement in the contribution format for last month, showing both "Amount" and "Percent" columns for the division as a whole and for each product. (13 marks) Segments DIVISION Sleds Saucers Sales Variable expense Contribution margin Traceable fixed expenses Segment margins Common fixed expenses Operating IncomeStep by Step Solution
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