Petoskey Company produces three products: Alanson, Boyne, and Conway. A segme ented income statement, with...
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Accounting
Petoskey Company produces three products: Alanson, Boyne, and Conway. A segme ented income statement, with amounts given in thousands, follows: Sales revenue Less: Variable expenses Contribution margin Less direct fixed expenses Alanson Boyne Conway Total $1,280 $185 $330 $1,795 231 1,391 $404 1,115 4 $165 $140 $99 Depreciation 50 95 s20 15 85 $40 74 288 $42 Salanies 108 Segment margin $(18) Direct fixed expenses consist of depreciation and plant supervisory sa can be sold laries. All depreciation on the equipment is dedicated to the product lines. None of the equipment Assume that each of the three produc cts has a different supervisor whose position would be eliminated if the associated product were dropped. act on profit that would result from dropping Conway, Enter amount in full, rather than in thousands. For example, "15000 rather than "15
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