Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North $ 620,000 Variable expenses, North $ 359,700 $ 74,100 Traceable fixed expenses, North Sales revenues, South $ 478,400 Variable expenses, South $ 273,000 Traceable fixed expenses, South $ 61,900 In addition, common fixed expenses totaled $167,800 and were allocated as follows: $87,100 to the North business segment and $80,700 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter25: Departmental Accounting
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Data for January for Bondi Corporation and its two major business segments, North and South, appear below.
Sales revenues, North
Variable expenses, North
Traceable fixed expenses, North
Sales revenues, South
Variable expenses, South
Traceable fixed expenses, South
$ 620,000
$ 359,700
$ 74,100
$ 478,400
$ 273,000
$ 61,900
In addition, common fixed expenses totaled $167,800 and were allocated as follows: $87,100 to the North business segment and $80,700 to the
South business segment.
A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business
segment is:
Transcribed Image Text:Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 620,000 $ 359,700 $ 74,100 $ 478,400 $ 273,000 $ 61,900 In addition, common fixed expenses totaled $167,800 and were allocated as follows: $87,100 to the North business segment and $80,700 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
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