Preparing a Responsibility Income Statement Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results:h 11eb742a_6cb0_b309_a720_e7e54290c661_SM1621_00 In addition, fixed costs common to both product lines amounted to $220,000. Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each product line.

Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

النسخة 17الرقم المعياري الدولي: 978-0078025778

Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

النسخة 17الرقم المعياري الدولي: 978-0078025778

تمرين 59

Preparing a Responsibility Income Statement
Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results:h

In addition, fixed costs common to both product lines amounted to $220,000.
Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each product line.

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Income sta...