The Winter Products Division of Canadian Sports Corporation produces and markets two

products for use in the snow: Sleds and Saucers. The following data were gathered on activities

last month:

Sleds Saucers

Sales in units 2,000 9,000

Selling price per unit $50 $20

CM ratio 56% 70%

Segment Margin $42,000 $90,000

Division net income was $20,000.

Required:

Prepare a complete segmented income statement in good form using the contribution format

for last month, for the division as a whole and for each product. Completion of the % column is

not required.

Total Division % Sleds % Saucers