East Coast West Coast Midland Units sold 71 69 69 53 Sales price per unit $ 10,300 6,283 $ 13,600 7,072 $ 12,000 7,080 Variable cost per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Analyzing profitability

Camden Company has divided its business into segments based on sales territories: East Coast, Midland, and West Coast. Following are financial data for 2018:

Prepare an income statement for Camden Company for 2018 using the contribution margin format assuming total fixed costs for the company Were $435,000. Include columns for each business segment and a column for the total company.

East Coast
West Coast
Midland
Units sold
71
69
69
53
Sales price per unit
$ 10,300
6,283
$ 13,600
7,072
$ 12,000
7,080
Variable cost per unit
Transcribed Image Text:East Coast West Coast Midland Units sold 71 69 69 53 Sales price per unit $ 10,300 6,283 $ 13,600 7,072 $ 12,000 7,080 Variable cost per unit
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