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Problem 7 . 2 6 ( Algo ) Restructuring a Segmented Income Statement [ LO 7 . 4 ] Milerd Corporetion is 0 wholessle distributor
Problem Algo Restructuring a Segmented Income Statement LO
Milerd Corporetion is wholessle distributor of affice products. It purchsses office products from msnufecture's snd distributes them
The compony hss been experiencing loses for msny months. In on efforto Improve peformsnce, monsgement hos requested thst
the monthly income ststement be segmented by ssies reglon. The compony's first effiort ot preporing o segmented income statement
for Moy ia glven below.
The coat of goods sald and ahipping expenae sre both vorisble. All other costa sre fixed.
Requlred:
Prepore s new contribution formst segmented income ststement for MsyRound percentsge anawers to declimal place.
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