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Author Question: Martin Company sells two products, Standard and Deluxe. Data for activity during January are as ... (Read 74 times)

Bobvance

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on: Feb 5, 2023

Question 1

Mounce Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows:

​​BasicSuper
Sales$200,000$250,000
Contribution margin       25%     28%
Total fixed costs  $65,000  $65,000

Required:

Prepare a segment margin income statement. Omit the heading. Common fixed costs of $25,000 are allocated Basic and $30,000 to Super.

Question 2

Martin Company sells two products, Standard and Deluxe. Data for activity during January are as follows:

​​StandardDeluxe
Sales$100,000$120,000
Contribution margin       35%     30%
Traceable fixed costs  $15,000  $25,000

Required:

Prepare a segment margin income statement. Omit the heading. Common fixed costs of $25,000 are allocated one-half to Standard and one-half to Deluxe.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Bobvance on Feb 5, 2023

queenBea90

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Bobvance

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

shailee

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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