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Sunland Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows: Sales Contribution margin Total fixed costs Basic
Sunland Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows: Sales Contribution margin Total fixed costs Basic $219,000 25% $84,000 Super $269,000 28% $84,000 Prepare a segment margin income statement. Omit the heading. Common fixed costs of $44,000 are allocated Basic and $49,000 to Super. If the amount is negative then enter with a negative sign preceding the number, eg.-5,125 or parenthesis, eg. (5,125)) Basic Super Total Revenue 219000 269000 : Variable expenses 164250 i 193680 35 Contribution margin 54750 75320 Segment margin $ $ Net operating Income/loss $
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