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Camren Corporation Has Two Major Business Segments-Apparel and Accessories

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Essay

Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below: Camren Corporation has two major business segments-Apparel and Accessories. Data concerning those segments for December appear below:   Common fixed expenses totaled $357,000 and were allocated as follows: $161,000 to the Apparel business segment and $196,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. Common fixed expenses totaled $357,000 and were allocated as follows: $161,000 to the Apparel business segment and $196,000 to the Accessories business segment.
Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.


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