Suppose Luxury Cruiseline decides to offer two types of dinner cruises: regular cruises and executive cruises. The executive cruise includes complimentary cocktails and a five$-$course dinner on the upper deck. Assume that fixed expenses remain at $$208,000$ per month and that the following ticket prices and variable expenses apply:

$\backslash$table$[[,$Regular Cruise,Executive Cruise$],[$Sale price per ticket................ $$,80,160],[$Variable expense per passenger $..,40,60]]$

Assume that in the month of April, Luxury Cruiseline sold $9,500$ regular cruises and $4,000$ executive cruises and that $$65,000$ of the fixed costs are traceable to regular cruises while $$105,000$ of the fixed costs are traceable to executive cruises. Prepare a segmented income statement using the contribution margin format.

Prepare a segmented income statement using the contribution margin format.

$\backslash$table$[[\backslash$table$[[$Luxury Cruiseline$],[$Income Statement $($Segmented$)],[$Month Ended April $30]]],[,$Regular,Executive,Total$],[$Units$,9,500,4,000,],[$Revenues$,764,000,640,000,1,400,000$