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Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: Sales revenues, Apparel Variable expenses, Apparel Traceable fixed
Pratt Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for October appear below: Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues. Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories 680,000 $ 299,000 $ 102,000 770,000 S 424,000 $100,000 Common fixed expenses totaled $357,000 and were allocated as follows: $161,000 to the Apparel business segment and $196,000 to the Accessories business segment. Required Prepare a segmented income statement in the contribution format for the company Total Company Apparel Accessories
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