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TB Problem Qu. 6-283 Spiess Corporation has two major ... Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December
TB Problem Qu. 6-283 Spiess Corporation has two major ... 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 $707,000 $398,000 $176,000 $858,000 $522,000 $ 151,000 Common fixed expenses totaled $286,000 and were allocated as follows: $94,000 to the Apparel business segment and $192,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Company Apparel Accessories 0 0 0 $ 0 $ Net operating income (loss) $ 0
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