Explain a segmented income statement in the contribution


Data for December concerning Dinnocenzo Corporations two major business segments fibers and feedstocks: Sales Revenue fibers $870,000 Sales Revenue Feedstock $820,000 Variable Expense fibers $426,000 Variable Expense Feedstock $344,000 Traceable Fixed expenses fibers $148,000 Traceable Fixed Expenses Feedstock $156,000 Prepare a segmented income statement in the contribution format for the company. Omit percentage show only dollar amounts. please show how you arrived at the answers to the questions.

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Accounting Basics: Explain a segmented income statement in the contribution
Reference No:- TGS0718125

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