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Wildhorse Optics manufactures two products: microscopes and telescopes. Information for each product is as follows. Sales price Sales volume Variable cost per unit Annual traceable
Wildhorse Optics manufactures two products: microscopes and telescopes. Information for each product is as follows. Sales price Sales volume Variable cost per unit Annual traceable fixed expenses Annual allocated common fixed expenses Microscopes Telescopes $ 32 $ 51 404,921 176,300 $ 16 $ 20 $ 3,006,400 $3,508,600 $ 2,007,500 $2,004,100 Prepare a segment margin income statement for Wildhorse Optics that provides detail on both the product lines and the company as a whole. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Microscopes Telescopes Total $ Sales revenue Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Operating income
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