Problem # 1

The Winter Products Division of Alpha Sports Corporation produces and markets two products for use in the snow: Sleds and Saucers. The following data were gathered on activities last month:

	Sleds	Saucers
Sales in units	2,000	9,000
Selling price per unit	500	250
Variable production costs per unit	200	50
Traceable fixed production costs	120,000	333,000
Variable selling expenses per unit	20	10
Traceable selling expenses	20,000	30,000
Allocated division administrative expenses	400,000	720,000

Required:

Prepare a segmented income statement in the contribution format for last month, showing both "Amount" and "Percent" columns for the division as a whole and for each product.