Reference no: EM131801567

Problem

Seabuck Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for June appear below.

Vales revenues, Apparel	$800,000
Variable expenses, Apparel	$406,000
Traceable fixed expenses, Apparel	$98,000
Sales revenues, Accessories	$820,000
Variable expenses, Accessories	$312,000
Traceable fixed expenses, Accessories	$107,000

Common fixed expenses totaled $325,000 and were allocated as follows: $150,000 to the Apparel business segment and $175,000 to the Accessories business segment.

Required:

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