1. (TCO D) Seebach Corporation has two major business segments Apparel and Accessories. Data concerning those segments for June appear below:
‘ Sales revenues, apparelAc€¦Ac€¦Ac€¦. $ 7000,000
‘ Variable expense, apparelAc€¦. Ac€¦..$ 406,000
‘ Traceable fixed expanses apparelAc€¦Ac€¦$ 98,000
‘ Sales revenues, accessoriesAc€¦.. $710,000
‘ Variable expenses, accessoriesAc€¦Ac€¦ $ 312,000
‘ Traceable fixed expenses accessories Ac€¦..$107,000
Common fixed expenses totaled $292,000 and were allocated as follows: $155,000 to the Apparel business segment and $137,000 to the Accessories business segment.
Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts