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Segmented Income Statement Trendy Inc. produces high-end sweaters and jackets in a single factory. The following information was provided for the coming year. Sweaters Jackets Sales Variable cost of goods sold Direct fixed overhead A sales commission of ?% of sales is paid for each of the two product lines. Direct fixed selling and administrative expense was estimated to be $20,000 for the sweater line and $50,000 for the jacket line Common fixed overhead for the factory was estimated to be $45,000. Common selling and administrative expense was astimated to be $15,000 $210,000450,000 196,000 47,000 145.000 25,000 Hide Propare a segmentad income statement for Trandy for the coming year, using variable costing Trendy Inc. Segmented Income statement For the Coming Year Sweaters ackets Total Sales Less variable expenses: riable cost of goods sold seting expense- Contribution margin Less direct fixed expenses: rect fixed overhead Direct seling and administra Segment margin Less common fixed expenses: fixed overhead seling and administi Operating income