(Answered) Responsibility income statement-preparationgameland village

Accounting

Responsibility income statement-preparation

Gameland Village is segmented into two sales departments: software and video games. During April, these two departments reported the following operating results:

In addition, fixed costs common to both departments amounted to $42,000.

Complete the following segmented income statement for Gameland Village. Follow the contribution margin approach, and show percentages as well as dollar amounts. Conclude your income statement with the company's income from operations.

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