### Make a segmented income statement

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##### Reference no: EM1311073

Segmented income statement in the contribution format.

Fausnaught Corporation has two major business segments -Retail and Wholesale. In October, the Retail business segment had sales revenues of \$730,000, variable expenses of \$409,000, and traceable fixed expenses of \$117,000. During the same month, the Wholesale business segment had sales revenues of \$400,000, variable expenses of \$220,000, and traceable fixed expenses of \$48,000. Common fixed expenses totaled \$218,000, and were allocated as follows: \$122,000 to the Retail business segment and \$96,000 to the Wholesale business segment.

Prepare a segmented income statement in the contribution format for the company. Omit percentages; show dollar amounts.

#### Questions Cloud

 Computation of number of shares to be issued for purchase : Computation of the number of shares to be issued for purchase of the machinery and How many shares of stock must The Pasta Maker sell to finance its new machinery Purpose a merchandise purchases budget : Purpose a merchandise purchases budget showing how many units should be purchased for each of the months April, May, and June. Purpose a direct materials budget for the seasoning : Purpose a direct materials budget for the seasoning, by month an in total for the second quarter. Be sure to include both the quantity to be purchased and its cost for each month. Profit maximizing or cost minimizing : Find the optimal (profit maximizing or cost minimizing) output of each firm. Find the price that each firm charges at the when producing the optimal output. Make a segmented income statement : Prepare a segmented income statement in the contribution format for the company. Omit percentages; show dollar amounts. Evaluate the division''s margin : Evaluate the division's margin, evaluate the division's turnover and  What is the division's return on investment (ROI)? Calculate the variance and standard deviation : Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project. Find the differential cost between the two alternatives : Which costs are relevant and which are not relevant in the choice between these two alternatives and find the differential cost between the two alternatives? Evaluate the nominal annual cost of trade : Nominal annual cost of trade credit - Evaluate the nominal annual cost of trade credit be if you pay 100 days after the purchase?

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