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Product Line Decision. The following monthly segmented income statement is for Hal's Hardware. Product Lines Garden Supplies Tools Paint Total Sales revenue $20,000 $15,000 $23,000
Product Line Decision. The following monthly segmented income statement is for Hal's Hardware.
Product Lines Garden Supplies Tools Paint Total Sales revenue $20,000 $15,000 $23,000 $58,000 Variable costs 11,000 8,000 9.000 28,000 Contribution margin $ 9,000 $ 7,000 $14,000 $30,000 Direct fixed costs 3,000 1,500 8,500 13,000 Allocated fixed costs 2,000 5,000 3,000 10,000 Profit $ 4,000 $ 500 $ 2,500 $ 7,000Step by Step Solution
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