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Ellie Manufacturing Company produces three products: A, B, and C. The income statement for the most recent year is as follows:

Sales			$200,000
Less: Variable cost			127,000
Contribution margin			$73,000
Less fixed cost:
Manufacturing	$20,000
Selling and administrative	14,000		34,000
Operating income			$39,000

The sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows:

	A	B	C
Sales	$60,000	$40,000	$100,000
Contribution margin ratio	35%	30%	40%
Direct fixed expenses of products	$8,000	$5,000	$4,000

Required:

Prepare income statements segmented by products. Include a column for the entire firm in the statement.

Ellie Manufacturing Company Segmented Income Statement For the Most Recent Year

	A	B	C	Total
Sales	$fill in the blank 1	$fill in the blank 2	$fill in the blank 3	$fill in the blank 4
Less: Variable expenses	fill in the blank 5	fill in the blank 6	fill in the blank 7	fill in the blank 8
Contribution margin	$fill in the blank 9	$fill in the blank 10	$fill in the blank 11	$fill in the blank 12
Less: Direct fixed expenses	fill in the blank 13	fill in the blank 14	fill in the blank 15	fill in the blank 16
Product margin	$fill in the blank 17	$fill in the blank 18	$fill in the blank 19	$fill in the blank 20
Less: Common expenses				fill in the blank 21
				$fill in the blank 22