Data for January concerning Del Mar Corporation’s two major business segments- Fibers and Feedstocks-appear below:
|
Sales revenues, Fibers |
$870,000 |
|
Sales revenues, Feedstocks |
$800,000 |
|
Variable expenses, Fibers |
$426,000 |
|
Variable expenses, Feedstocks |
$344,000 |
|
Traceable fixed expenses, Fibers |
$148,000 |
|
Traceable fixed expenses, Feedstocks |
S156,000 |
Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment.
Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.