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Please answer tge following accounting question in 1 0 minutes SRI) Variable Costmg The Carlsbad Corporation produces and markets two types of electronic calculators: IV
Please answer tge following accounting question in minutes
SRI) Variable Costmg The Carlsbad Corporation produces and markets two types of electronic calculators: IV o e 4A and Model 5A. The following data were gathered on activities during the third quarter: Model 5A Sales in units Sales price per unit Variable production costs per unit Traceable fixed production costs Variable selling expenses per unit Traceable fixed selling expenses Model 4A 5, ooo $ 100 $ 20 $ 200,000 $ 10 $ 10,000 3, ooo $ 200 $ 40 $ 300,000 $12 $ 15,000 $ 120,000 $ 116,000 Allocated portion of corporate expenses Required: Prepare a segmented income statement for last quarter. The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line.
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