Question
Shaw Company produces and sells two packaged productsZ-Bikes and y Bikes. Revenue and cost information relating to the products follow: Product Z Bikes Y Bikes
- Shaw Company produces and sells two packaged productsZ-Bikes and y Bikes. Revenue and cost information relating to the products follow:
|
| Product | |||
|
| Z Bikes | Y Bikes | ||
| Selling price per unit | $ | 175.00 | $ | 200.00 |
| Variable expenses per unit | $ | 85.00 | $ | 105.00 |
| Traceable fixed expenses per year | $ | 200,000 | $ | 75.00 |
Common fixed expenses in the company total $110 annually. Last year the company produced and sold 50,000 units of Z Bikes and 30,000 units of Y Bikes.
Required:
Prepare a contribution format income statement segmented by product lines.
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
