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Spress Corporation has two optiness segments-Apparel and Accessories Data concerning those segments for December appear below: Bales revenue, Apparel 5 775.000 Variable expenses, Apparel 304.000
Spress Corporation has two optiness segments-Apparel and Accessories Data concerning those segments for December appear below: Bales revenue, Apparel 5 775.000 Variable expenses, Apparel 304.000 Traceable fixed expenses, Apparel $ 13,000 Bales revenues. ACCESSORI 321.000 Variable expenses, Accessories $ 510,000 Traceable fixed expenses, Accessories $ 195,000 Common fixed expenses totaled $282,000 and were allocated as follows: $96,000 to the Apparel business segment and 5186,000 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 operating income (loss)
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