Question
Please see attached and assist. Also can you please show how you arrived at this answer so I can compare. In addition, fixed costs common
Please see attached and assist. Also can you please show how you arrived at this answer so I can compare.
In addition, fixed costs common to both departments amounted to $42,000.
Complete the following segmented income statement for Gameland Village. Follow the contribution margin approach, and show percentages as well as dollar amounts. Conclude your income statement with the companys income from operations.
GAMELAND VILLAGE Income Statement by Product Lines For the Month Ended April 30, 20__ | Segments | ||||||||
| Gameland Village | Software | Video Games | ||||||
| Dollars |
| % | Dollars |
| % | Dollars |
| % |
Sales | $ |
|
| $400,000 |
| 100 | $200,000 |
| 100 |
Variable Costs |
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| 65 |
|
| 56 |
| $ |
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| $ |
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| $ |
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