Data for december concerning dinnocenzo corporations two

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Reference no: EM13371019

Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear show:

Sales revenues, Fibers $870,000

Sales revenues, Feedstocks $820,000

Variable expenses, Fibers $426,000

Variable expenses, Feedstocks $344,000

Traceable fixed expenses, Fibers $148,000

Traceable fixed expenses, Feedstocks S156,000

Common fixed expenses totaled $314,000 and were allocated as given: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment.

Required:

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

Reference no: EM13371019

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