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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

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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 expenses, Apparel Sales revenues, Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories $687,000 $300,000 $112,000 $820,000 $437,000 $140,000 Common fixed expenses totaled $478,000 and were allocated as follows: $187,000 to the Apparel business segment and $291,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Total Company Apparel Accessories 0 0 0 0 $ 0 $ 0 Net operating income (loss) $ 0

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