The Jefferson Electronic Integration Products Corporation produces and markets two types of hardware systems: Model BBC and Model FVC. The below data were gathered on activities last year. Prepare a segmented income statement in the contribution format for last year.
Financial & Operational Information
|
Model BBC
|
Model FVC
|
Sales in modules
|
22,000
|
18,000
|
Selling price per module
|
$189
|
$750
|
Variable production costs per module
|
$66
|
$295
|
Traceable fixed production costs
|
$212,100
|
$173,400
|
Variable selling expenses per module
|
$12
|
$52
|
Traceable fixed selling expenses
|
$18,900
|
$31,600
|
Allocated division administrative expenses
|
$167,000
|
$243,00P
|