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Data for December concerning D Corp. two major business segments-Fibers and Feedstocks-appear below.
Sales rev, Fibers $870000Sales Rev, Feedstocks $820000Variable exp, Fibers $426000Variable exp, Feedstock $344000Traceable fixed exp, Fiber $148000Traceable fixed exp, Feedstock $156000
Common fixed expenses totaled $314000 and were allocated as follows: $129000 to the Fibers business segment and $185000 to the Feedstocks business segment
Reqired:
Prepare a segmented income statement in the contribution format for the company. Omit percentages, show only dollar amounts.
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