Fausnaught corporation has two major business segments

Reference no: EM13615027

Fausnaught Corporation has two major business segments -retail and wholesale. In October, the retail business segment hadsales revenues of $730,000, variable expenses of $409,000, andtraceable fixed expenses of $117,000. During the same month, thewholesale business segment had sales revenues of $400,000, variableexpenses of $220,000, and traceable fixed expenses of $48,000.Common fixed expenses totaled $218,000 and were allocated asfollows: $122,000 to the retail business segment and $96,000 to thewholesale business segment.

Required :
Prepare a segmented income statement in the contribution format forthe company. Omit percentages, show only dollar amounts

Reference no: EM13615027

Questions Cloud

An outside supplier has offered to provide part x at a : mcgraw company uses5000 units of part x each year as a component in the assembly ofone of its products. the company is

One family is picked at random from all of the families in : in a certain town 10 of the families have no children 10 have one child 40 have two children 30 have three children and

Determine the potential energy when the position is : a simple harmonic oscillator of amplitude a has a total energy e. a determine the kinetic energy when the position is

What would be the effect on the companys overall net : the management of schmader corporation is considering droppingproduct m12c. data from the companys accounting

Fausnaught corporation has two major business segments : fausnaught corporation has two major business segments -retail and wholesale. in october the retail business segment

On january 1 2001 sunshine corporation had 40000 shares : on january 1 2001 sunshine corporation had 40000 shares of10 par value common stock issued and outstanding. all

A car is driven at constant speed over a circular hill and : a car is driven at constant speed over a circular hill and then into a circular valley with the same radius. at the top

What is the tangential acceleration at this point what is : an automobile moves on a circular track of radius 1.06 km. it starts from rest from the point x y 1.06 km 0 km and

Alden trucking company isreplacing part of their fleet of : alden trucking company isreplacing part of their fleet of trucks by purchasing them under anote agreement with

User Account

All Pages