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Wildhorse Corporation produces and sells two products, Basic and Super. Data for activity during March are as follows:

		Basic		Super
Sales		$211,000		$261,000
Contribution margin		25%		28%
Total fixed costs		$76,000		$76,000

Prepare a segment margin income statement. Omit the heading. Common fixed costs of $36,000 are allocated Basic and $41,000 to Super. (If the amount is negative then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).)

		Basic		Super		Total
select an opening name for section one Net operating income/lossRevenueTraceable fixed expensesSegment marginCommon fixed expensesContribution marginVariable expenses		$enter a dollar amount		$enter a dollar amount		$enter a total dollar amount
select between addition and deduction AddLess:select an income statement item Variable expensesSegment marginNet operating income/lossRevenueContribution marginCommon fixed expensesTraceable fixed expenses		enter a dollar amount		enter a dollar amount		enter a total dollar amount
select a summarizing line for the first part RevenueNet operating income/lossVariable expensesTraceable fixed expensesSegment marginCommon fixed expensesContribution margin		enter a total amount for first part		enter a total amount for first part		enter a total amount for first part
select between addition and deduction AddLess:select an income statement item Segment marginNet operating income/lossRevenueTraceable fixed expensesContribution marginCommon fixed expensesVariable expenses		enter a dollar amount		enter a dollar amount		enter a total dollar amount
select a summarizing line for the second part Common fixed expensesNet operating income/lossContribution marginVariable expensesRevenueTraceable fixed expensesSegment margin		$enter a total amount for second part		$enter a total amount for second part		enter a total amount for second part
select an income statement item Segment marginNet operating income/lossVariable expensesRevenueCommon fixed expensesTraceable fixed expensesContribution margin						enter a total dollar amount
select a closing name for this statement Contribution marginSegment marginNet operating income/lossCommon fixed expensesRevenueVariable expensesTraceable fixed expenses						$enter a total net operating income or loss amount

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