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Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Common fixed expenses totaled $231,000 and were allocated

image text in transcribed Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Common fixed expenses totaled $231,000 and were allocated as follows: $89,000 to the Apparel business segment and $142,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company

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