Cale Company has divided its business into segments based on sales territories: East Coast, Midland,...
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Accounting
Cale Company has divided its business into segments based on sales territories: East Coast, Midland, and West Coast. Following are financial data for 2018 (Click the icon to view the financial data.) Prepare an income statement for Cale Company for 2018 using the contribution margin format assuming total fixed costs for the company were $455,000. Include columns for each business segment and a column for the total company. Begin by preparing the contribution margin income statement for each segment, then for the total of the company. Cale Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Data Table East Coast Midland West Coast Total West Coast unitsunits units East Coast Midland Units Sold Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income 51 11,500 6,555 73 65 Units sold Sales price per unit Variable cost per unit 10,900 $ 13,500 $ 7,521 6,345 Print Done Enter any number in the edit fields and then continue to the next question 13

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