Data for December concerning Ash Corporation's two major business segments-Fibers and Feedstocks-appear below.

Sales revenues, Fibers

$950,000
Sales revenues, Feedstocks
$900,000
Variable expenses, Fibers
$525,000
Variable expenses, Feedstocks
$424,000
Traceable fixed expenses, Fibers
$148,000
Traceable fixed expenses, Feedstocks
$156,000

Common fixed expenses totaled $292,000 and were allocated as follows: $155,000 to the Fibers business segment and $137
Feedstocks business segment.
Required:

Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amo

Sales Revenues, Fibers

Sales Revenues, Feedstocks
Variable Expenses, Fibers
Variable Expenses, Feedstocks
Traceable Fixed Expenses, Fibers
Traceable Fixed Expenses, Feedstocks

$950,000
$900,000
$525,000
$424,000
$148,000
$156,000

Common Fixed Expenses

Fibers
Feedstock

$292,000
$155,000
$137,000

Sales
Variable Expenses
Contribution Margin
Traceable Fixed Expenses
Segment Margin
Common Fixed Expenses
Net Operating Income

Fibers
$950,000
$525,000
$425,000
$148,000
$277,000

Feedstocks
Total
$900,000 $1,850,000
$424,000
$949,000
$476,000
$901,000
$156,000
$304,000
$320,000
$597,000
$292,000
$305,000

and Feedstocks-appear below.

the Fibers business segment and $137,000 to the

mit percentages; show only dollar amounts.