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Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below Sales revenues, Apparel Variable expenses, Apparel Traceable fixed
Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories 760,000 $299,000 $132,000 $779,000 $434,000 $190,000 Common fixed expenses totaled $297,600 and were allocated as follows: $131,000 to the Apparel business segment and $166,600 to the Accessories business segment. Required Prepare a segmented income statement in the contribution format for the company Total Compan Apparel Accessories Net operating income (loss)
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