Amber Products Inc. has two product lines: A-100 and A-200. Revenue and cost information for each of the product lines for 2011 are as follows:
In 2011, Amber had common fixed expenses of $50,000, and the company produced and sold 4,000 units of A-100 and 6,000 units of A-200.
Required: Prepare a segmented income statement with a column for each product line and the total company.

Question

Amber Products Inc. has two product lines: A-100 and A-200. Revenue and cost information for each of the product lines for 2011 are as follows:
  In 2011, Amber had common fixed expenses of $50,000, and the company produced and sold 4,000 units of A-100 and 6,000 units of A-200.
Required: Prepare a segmented income statement with a column for each product line and the total company.

Quizplus · Accepted Answer

The Answer of Amber Products Inc. has two product lines: A-100 and A-200. Revenue and cost information for each of the product lines for 2011 are as follows:
  In 2011, Amber had common fixed expenses of $50,000, and the company produced and sold 4,000 units of A-100 and 6,000 units of A-200.
Required: Prepare a segmented income statement with a column for each product line and the total company.