Crossfire Company segments its business into two regionsEast and West. The company prepared the contribution...
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Accounting
| Crossfire Company segments its business into two regionsEast and West. The company prepared the contribution format segmented income statement shown below: |
| Total Company | East | West | ||||||||
| Sales | $ | 960,000 | $ | 640,000 | $ | 320,000 | ||||
| Variable expenses | 768,000 | 537,600 | 230,400 | |||||||
| Contribution margin | 192,000 | 102,400 | 89,600 | |||||||
| Traceable fixed expenses | 117,000 | 54,000 | 63,000 | |||||||
| Segment margin | 75,000 | $ | 48,400 | $ | 26,600 | |||||
| Common fixed expenses | 55,000 | |||||||||
| Net operating income | $ | 20,000 | ||||||||
|
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