Question: Gemini Technologies has two product lines lasers and integrated circuits

Gemini Technologies has two product lines: lasers and integrated circuits. During the current month, the two product lines reported the following results:

In addition, fixed costs common to both product lines amounted to $80,000.
Prepare an income statement showing percentages as well as dollar amounts. Conclude your statement with income from operations for the business and with the responsibility margin for each productline.

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  • CreatedApril 17, 2014
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