Game land Village is segmented into two sales departments: software and video games. During April, these two

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Game land Village is segmented into two sales departments: software and video games. During April, these two departments reported the following operating results:
_____________________________________Software _______________Video Games
Sales................................................$400,000..............................$200,000
Variable costs (as a percentage of sales).............65%..............................................56%
Traceable faced costs..............................$20,000.........................................$16,000
Complete the following segmented income statement for Game land Village. Follow the contribution margin approach, and show percentages as well as dollar amounts. Conclude your income statement with the company's income from operations.
GAMELAND VILLAGE Income Statement by Product Lines For the Month Ended April 30, 20 Segments Gameland Village Software V
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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Horngrens Accounting

ISBN: 978-0134674681

12th edition

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

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