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Martin Company Sells Two Products, Standard and Deluxe

Question 179

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Martin Company sells two products, Standard and Deluxe.Data for activity during January are as follows: Martin Company sells two products, Standard and Deluxe.Data for activity during January are as follows: Required: Prepare a segment margin income statement.Omit the heading.Common fixed costs of $25,000 are allocated one-half to Standard and one-half to Deluxe. Required:
Prepare a segment margin income statement.Omit the heading.Common fixed costs of $25,000 are allocated one-half to Standard and one-half to Deluxe.

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