Data for December Concerning Dinnocenzo Corporation's Two Major Business Segments-Fibers

question 85

Essay

Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below: Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks 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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Definitions:

Par Value

Par Value is the face value of a bond or stock as stated by the issuer, which might not reflect its market value.

Yield To Maturity

The total return expected on a bond if held till its maturity date, including both interest payments and capital gains or losses.

Yield To Call

The rate of return on a callable bond if the bond is redeemed by the issuer before its maturity date, considering both interest payments and the capital gain or loss incurred.