Ch07 adj Werner Jones Mgt Acctg PP97 2003

2005 company total sales 500000 variable cost 332950

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Unformatted text preview: 95,000 = 57% × $60,000 = $34,200 3 $170,000 ÷ $395,000 = 43% × $60,000 = $25,800 2 7 ­ 49 Flandro Feed Stores Without Flandro Allocation of Common Fixed Cost Allocation Segment Income Statement For the Year Ended December 31, 2005 Company Total Sales $500,000 Variable cost 332,950 332,950 Contribution margin $167,050 Direct fixed cost 75,000 75,000 Segment margin $ 92,050 Common fixed cost 60,000 60,000 Net income $ 32,050 North Store $105,000 73,750 73,750 $ 31,250 20,000 20,000 $ 11,250 South Store $225,000 141,000 141,000 $ 84,000 32,000 32,000 $ 52,000 Central Store $170,000 118,200 118,200 $ 51,800 23,000 23,000 $ 28,800 7 ­ 50 End of Chapter 7 ©2009 Michael Werner and Kumen Jones, Introduction to Management Accounting, 3e Werner/Jones 7 ­ 51 ­...
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This note was uploaded on 03/16/2014 for the course ACC 212 taught by Professor Quintanna during the Spring '08 term at University of Miami.

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