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The Digital Prints division has two product lines: Cattywampus and Meow Town. Below is a partial income statement, segmented by product line, for Quarter 1,
The Digital Prints division has two product lines: Cattywampus and Meow Town. Below is a partial income statement, segmented by product line, for Quarter 1, 2020. Fill in the missing values: Product Line 40% 60% Cattywampus Digital Prints Meow Town Sales 100% 100% $ 450,870 239,400 $ 211,470 100% $ 55% 20% $ 34% 11% $ 204,238 112,331 Variable Expenses Contribution Margin Traceable Fixed Exp. Product Segment Margin Common Fixed Exp. Division Segment Margin 23% $ 41% $ 91,907 95,623 $ 232,418
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