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Trying to figure out the areas marked in yellow. All cells that remain are correct. Safari File Edit View History Bookmarks Window Help 18% [4

Trying to figure out the areas marked in yellow. All cells that remain are correct.

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Safari File Edit View History Bookmarks Window Help 18% [4 Thu 10:54 PM Q ... a ezto.mheducation.com C 3 at 9.56.22 PM National University | Apps Week Two Practice Questions Shannon Company Segments Its Income Statement Into... | Chegg.c... +D Q Search Oo connect ACCOUNTING ACC604 Managerial Accounting James Phippin Favorites Asynchrous - February 2020 Week Two Practice Questions Updated): ACC604 Asynch - February car Apple 2020 instructions | help y! Yahoo Question 3 (of 5) Save & Exit Submit Bing Google 3. W Wikipedia Facebook Exercise 5-7 Segmented Income Statement [LO5-4] Twitter Linkedin Shannon Company segments its income statement into its North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $740,000, 50%, mpany's overall sales, contribution margin and $37,000, respectively. The North Division's contribution margin and contribution margin ratio are $232,500 and 75%, respectively. The South Division's segment margin is $64,000. The ribution margin and contribution margin The Weather Channel company has $74,000 of common fixed expenses that cannot be traced to either division. ny has $74,000 of common fixed expense Yelp Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. (Do not round your intermediate percentage answers and round egmented by divisions. (Do not round y TripAdvisor your final percentage answers to 1 decimal place (i.e. .1234 should be entered as 12.3).) place (i.e. .1234 should be entered as Book - Statistics for Busin... Divisions 420 Login | ADP Workforce No. Total Company North South Amount % Amount % Amount % Deltek Time & Expense - L... Sales $ 740,000 00.0 $ 310,000 $ 430,000 uni National University | Apps Variable expenses $70,000 50.0 77,500 292,500 Contribution margin 370,000 50. 232,50 37,500 58.0 X HOA 1311 Traceable fixed expenses (259,000) ( 185,500 ) (73,500 79.0 X Territorial segment margin 111,000 50.0 $ U.J $ 64,000 0.0 (21.0) Common fixed expenses 74,000 Net operating income $ 37,000 50.0 (21.0) fixed cost +net operating income company - segment margin of south Misc 5)Traceable fixed cost =contribution margin -segment margin of each division north = 232500-47000=1855 FEB 13 . ... 5 30 4 X P W tv

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