plz explain as much as you can

1. Conway Phones Inc. sells one type of home phone and one type of cellular phone. Revenue and cost information for the year ended December 31, 2019 relating to the products are presented below. Cell Product Home Phones Phones Selling price per phone $50 $75 Variable cost per phone 25 40 Traceable fixed costs 150,000 100,000 The company incurs $180.000 in common fixed costs per year. Conway Phones manufactured and sold 20,000 home phones and 25,000 cell phones. Prepare a segmented contribution margin statement for the year based on product line Conway Phones Inc. Segmented Contribution Margin Statement For the Year Ended December 31, 2019 Segment (Product Line) Total Home Phones Cell Phones