Bridges Optics manufactures two products: microscopes and telescopes. Information for each product is as follows. Required Prepare
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Prepare a segment margin income statement for Bridges Optics that provides detail on both the product lines and the company as a whole.
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Microscopes Sales price Sales volume Variable cost per unit Annual traceable fixed expenses Annual allocated common fixed expenses 40 300,000 $ 18 $3,800,000 $2,400,000 Telescopes 30 150,000 $ 17 $1,200,000 $1,000,000
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Microscopes Telescopes Total Sales revenue a 12000000 4500000 16500000 Variable expense...View the full answer
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