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Leather Jackets sales $450,000 variable cost of goods sold $134,000 Direct fixed overhead $29,000 Suede jackets sales $542,000 variable cost of goods...
Leather Jackets
sales$450,000
variable cost of goods sold$134,000
Direct fixed overhead$29,000
Suede jackets
sales$542,000
variable cost of goods sold$213,000
Direct Fixed overhead$38,000
a sales commission of 2% of sales is paid for each of the two product lines. Direct fixed selling and administrative expense was estimated to be $32,000 for the leather jackets and $66,000 for the suede jackets. Common fixed overhead for the factory was estimated to be $83,000 and common selling and administrative expense was estimated to be $14,000
Please help me form a segmented income statement using variable costing
