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Data for December Concerning Dinnocenzo Corporation's Two Major Business Segments-Fibers

Question 27

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Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below: Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below:    Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.
Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment.
Required:
Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.

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