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Prepare a income statement showing as well as dollar amount

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Reference no: EM132964640

Herase inc has two products lines router and ethernet switches during the current month the two products lines reported the following

                                      Routers.              Switches
Sales.                       630.00.           940,000
Variable cost                 40%                 45%
Traceable fixed cost        250000.             125000

In addition fixed cost common to both products lines amounted to 211000

Problem 1: Prepare a income statement showing % as well as dollar amount conclude your statement with income from operations for the business and with the responsibility margin for each product line round % answers to 2 decimap place

Reference no: EM132964640

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