ould be considered as 12.34%.) Answer is complete but not entirely correct. Ethernet Switches Line Dollars Percent of Sales > 100.00 % Sales HEPRAS INC. Responsibility Income Statement For the Current Month Entire Company Routers Line Dollars Percent of Dollars Percent of Sales Sales 100.00 % $630,000 100.00% 1,570,000 675,000 57.01 + 252.000 40.00 $ 895,000 42.99 % $ 378,000 60.00 % 375,000 0.00 X 250.000 0.00 $ 520,000 42.99 % $ 128,000 60.00 % 220,000 0.00 $ 300,000 42 99 % $ 940,000 423,000 $ 517,000 125,000 $ 392.000 % BOOS 45.00 55.00 0.00 55.00 Variable costs Contribution margin Fixed costs traceable to product lines Product responsibility margin Common fixed costs Income from operations % Hepras, Inc., has two product lines: routers and ethernet switches. During the current month, the two product lines reported the following results. Sales Variable costs (as a percentage of sales) Traceable fixed costs Routers $ 630,000 400 $ 250,000 Switches $ 940,000 456 $ 125,000 In addition, fixed costs common to both product lines amounted to $220,000. 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 product line. (Round percentage answers to 2 decimal place. Le. 0.1234 should be considered as 12.34%.) Answer is complete but not entirely correct. HEPRAS INC. Responsibility Income Statement For the Current Month Entire Company Routers Line Dollars Percent of Dollars Percent of Sales Sales 100.00 IS 630.000 100.00 % Ethernet Switches Line Dollars Percent of Sales $940.000 100.00 Sales