Segmented income statement in the contribution format

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Reference no: EM13864918

Golfpro Corporation produces and markets two types’ drivers: Model X2 and Model X3. The following data were gathered on activities last month:

Model X2 / Model X3

Sales in units: 6,000/4,000

Selling price per unit: $55 / $105

Variable production costs per unit: $12/ $28

Traceable fixed production costs: $111,000/ $145,000

Variable selling expenses per unit: $6/ $7

Traceable fixed selling expeses: $6,000 / $8,500

Allocated division administrative expenses: $45,000 / $70,000

 

Prepare a segmented income statement in the contribution format for last month.

Reference no: EM13864918

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