A?»??Seebach Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for June appear below:
Sales revenues apparel………………….$ 700,000
aluable expenses apparel………………. 406,000
Traceable fixed expenses apparel……. 98,000
sales revenues accesories……………. 710,000
variable expenses accesories………… 312,000
Traceable fixed expenses accesories 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.
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.