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Student Name: Class: Problem 12-24 Requirement 1: VULCAN COMPANY Segmented Income Statement Sales Territory Total Company Northern Northern Territory...

Hi,

Need help on this accounting problem. Doing one thats simelar however having trouble with the equations. Can you help me fill in the numbers.

Sincerely,

Danniel Rolfe

Student Name: Class: Problem 12-24 Requirement 1: VULCAN COMPANY Segmented Income Statement Sales Territory Total Company Northern Southern Sales Variable expenses Contribution margin Traceable fixed expenses Territorial segment margin Common fixed expenses Net operating income Product Line Northern Territory Paks Tibs Sales Variable expenses Contribution margin Traceable fixed expenses Product line segment margin Common fixed expenses Sales Territorial segment margin
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Given Data P12-24: VULCAN COMPANY Income Statement For the Month Ended June 30 Sales $750,000 100.0% Variable expenses 336,000 45.3% Contribution margin 414,000 54.7% Fixed expenses 378,000 51.7% Net operating income $36,000 3.0% Additional data: Northern Territory sales $300,000 Northern Territory variable expenses $156,000 Northern Territory fixed expenses $120,000 Southern Territory fixed expenses $108,000 Northern territory: Paks sales $50,000 Tibs sales $250,000 Paks variable expenses 22% of selling price Tibs variable expenses 58% of selling price Paks fixed expenses, Northern Territory $30,000 Tibs fixed expenses, Northern Territory $40,000
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