Caltec, Inc., produces and sells recordable CD and DVD packs. Revenue and cost information relating to the products follow:
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| CD | DVD | |||
| Selling price per pack | $ | 12.00 | $ | 33.00 |
| Variable expenses per pack | $ | 2.40 | $ | 12.00 |
| Traceable fixed expenses per year | $ | 136,000 | $ | 50,000 |
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Common fixed expenses in the company total $115,000 annually. Last year the company produced and sold 37,500 CD packs and 21,500 DVD packs. |
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Prepare a contribution format income statement for the year segmented by product lines. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the “$” sign in your response.) |
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Product Line |
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| Total | CD | DVD | |
| (Click to select) Net operating income (loss) Variable expenses Product line segment margin Common fixed expenses not traceable to products Sales Traceable fixed expenses Contribution margin | $ | $ | $ |
| (Click to select) Sales Variable expenses Traceable fixed expenses Common fixed expenses not traceable to products Net operating income (loss) Contribution margin Product line segment margin | |||
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| (Click to select) Common fixed expenses not traceable to products Variable expenses Traceable fixed expenses Net operating income (loss) Sales Product line segment margin Contribution margin | |||
| (Click to select) Traceable fixed expenses Variable expenses Sales Common fixed expenses not traceable to products Net operating income (loss) Contribution margin Product line segment margin | |||
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| (Click to select) Net operating income (loss) Sales Contribution margin Variable expenses Common fixed expenses not traceable to products Product line segment margin Traceable fixed expenses | $ | $ | |
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| (Click to select) Sales Common fixed expenses not traceable to products Variable expenses Contribution margin Traceable fixed expenses Net operating income (loss) Product line segment margin | |||
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| (Click to select) Sales Product line segment margin Traceable fixed expenses Variable expenses Net operating income (loss) Contribution margin Common fixed expenses not traceable to products | $ | ||