Make properly formatted segmented income statement

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Reference no: EM132562572

The Summer Products Division of Super-Sports, Inc. produces and markets two different products.The Super-Soaker and the Super-Slide have done very well this past year. The following data reflectsthe activities for the past month:

                                                                            Soaker                                  Slide

Sales in Units:                                           3,000                                 8,000

Selling price per unit:                                       $50                                    $22

Variable production costs per unit:                          $20                                 $5

Traceable fixed production costs:                          $15,000                          $30,000

Variable Selling expenses per unit:                               $2                                  $1

Traceable fixed selling expenses:                                $2,000                             $3,000

Allocated division admin Expenses:                               $35,000                         $70,000

Question 1: Prepare properly formatted segmented income statement in the contribution format for this past month.

Reference no: EM132562572

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