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The Jefferson Electronic Integration Products Corporation produces and markets two types of hardware systems: Model BBC and Model FVC. The below data were gathered on activities last year. Prepare a segmented income statement in the contribution format for last year.
Financial & Operational Information
Model BBC
Model FVC
Sales in modules
22,000
18,000
Selling price per module
$189
$750
Variable production costs per module
$66
$295
Traceable fixed production costs
$212,100
$173,400
Variable selling expenses per module
$12
$52
Traceable fixed selling expenses
$18,900
$31,600
Allocated division administrative expenses
$167,000
$243,00P
Compute the rate of return of assets.
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