Fruitas has the following segment information: Pastry, Fruit Juices & Desserts, and Fast Food. Data concerning...

 

Transcribed Image Text:

Fruitas has the following segment information: Pastry, Fruit Juices & Desserts, and Fast Food. Data concerning the company's financial performance for the year ended December 31, 2022, is as follows: Segment/Costs (In Thousands) Sales Variable Expenses Traceable Fixed Expenses Pastry P789,500 P284,220 P264,000 ● Fruit Juices and Desserts P643,000 372,940 91,000 In 2022, the total common fixed expenses amounted to 175,540 (in thousands). Required 9. Prepare a contribution format segmented income statement. Fast Food P325,000 178,750 145,000 Required 10. To provide context, top management was provided a special session for a simplified and short enlightening background/review on some management accounting concepts. Your task is to develop talking points for this special session. Traceable Fixed Expenses. Give examples for each segment Common Fixed Expenses. Give examples for each segment Product Line Margin. How much for each segment? Company-Wide Net Operating Income. How much? Fruitas has the following segment information: Pastry, Fruit Juices & Desserts, and Fast Food. Data concerning the company's financial performance for the year ended December 31, 2022, is as follows: Segment/Costs (In Thousands) Sales Variable Expenses Traceable Fixed Expenses Pastry P789,500 P284,220 P264,000 ● Fruit Juices and Desserts P643,000 372,940 91,000 In 2022, the total common fixed expenses amounted to 175,540 (in thousands). Required 9. Prepare a contribution format segmented income statement. Fast Food P325,000 178,750 145,000 Required 10. To provide context, top management was provided a special session for a simplified and short enlightening background/review on some management accounting concepts. Your task is to develop talking points for this special session. Traceable Fixed Expenses. Give examples for each segment Common Fixed Expenses. Give examples for each segment Product Line Margin. How much for each segment? Company-Wide Net Operating Income. How much?

Answer rating: 100% (QA)

SOLUTION To prepare a contribution format segmented income statement we need to calculate several values based on the given data Lets go step by step Step 1 Calculate the contribution margin for each ... View the full answer