Responsibility Income Statement-Preparation Gameland Village Is Segmented into Two Sales Departments: Software and Departments
Responsibility income statement-preparation
Gameland Village is segmented into two sales departments: software and video games.During April,these two departments reported the following operating results: In addition,fixed costs common to both departments amounted to $42,000.
Complete the following segmented income statement for Gameland Village.Follow the contribution margin approach,and show percentages as well as dollar amounts.Conclude your income statement with the company's income from operations.
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