data for january concerning del mar corporation s two major business segments fibers 492328

Data for January concerning Del Mar Corporation’s two major business segments- Fibers and Feedstocks-appear below:

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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.

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