EXERCISE 6-4 Basic Segmented Income Statement [LO4] Caltec, Inc., produces and sells recordable CD and DVD packs. Revenue and cost information relating to the products follow: Product DVD CD $25.00 $8.00 Selling price per pack $17.50 $3.20 Variable expenses per pack $45,000 $138,000 Traceable fixed expenses per year Common fixed expenses in the company total $105,000 annually . Last year the company produced and sold 37,500 CD packs and 18,000 DVD packs. Required: Prepare a contribution format income statement for the year segmented by product lines