Cathy's Classic Clothes Northeast Region

Segmented income statement

For May
Coastal District
New Haven StoreBoston Store
Sales $ 1,500,000 $ 600,000 $ 525,000
Less : Cost Of Good Sold $ 633,750 $ 252,000 $ 220,500
Gross Margin $ 866,250 $ 348,000 $ 304,500

Operating expenses :
Selling Expenses $ 90,000 $ 36,000 $ 31,500
Administrative Expens $ 37,500 $ 15,000 $ 13,125
Other direct expenses :
Store Maintenance $ 12,600 $ 7,500 $ 600
Adevertising $ 75,000 $ 50,000 $ 5,000
Rent and other cost $ 150,000 $ 60,000 $ 45,000
Direct general administrative Exp $ 180,000 $ 72,000 $ 63,000
Region general and administrative $ 165,000 $ 55,000 $ 55,000
Total Expenses $ 710,100 $ 295,500 $ 213,225
Net Income $ 156,150 $ 52,500 $ 91,275

* Sales in unit =Total Unit x % Of Sales

United States :
Furniture (160.000 x 40%) 64,000
Sport (180.000 x 40%) 72,000
Appliances (160.000 x 20%) 32,000

Canada :
Furniture (160.000 x 10%) 16,000
Sport (180.000 x 40%) 72,000
Appliances (160.000 x 20%) 32,000

Asia :
Furniture (160.000 x 50%) 80,000
Sport (180.000 x 20%) 36,000
Appliances (160.000 x 60%) 96,000

*Revenue = Unit Sold x Unit Price

United States :
Furniture (64.000 x $ 8) $ 512,000
Sport (72.000 x $20) $ 1,440,000
Appliances (32.000 x $15) $ 480,000
Canada :
Furniture (16.000 x $ 8) $ 128,000
Sport (72.000 x $20) $ 1,440,000
Appliances (32.000 x $15) $ 480,000

Asia :
Furniture (80.000 x $ 8) $ 640,000
Sport (36.000 x $20) $ 720,000
Appliances (96.000 x $15) $ 1,440,000

*Variable Cost = Unit Sold x Variable Manufakturing Cost + Variable Selling Cost
Variable Variable
Manufakturing Selling
Unit Sold Cost Cost Variable Cost
United States :
Furniture 64,000 4.00 2.00 384,000.00
Sport 72,000 9.50 2.50 864,000.00
Appliances 32,000 8.25 2.25 336,000.00

Canada :
Furniture 16,000 4.00 2.00 96,000.00
Sport 72,000 9.50 2.50 864,000.00
Appliances 32,000 8.25 2.25 336,000.00

Asia :
Furniture 80,000 4.00 2.00 480,000.00
Sport 36,000 9.50 2.50 432,000.00
Appliances 96,000 8.25 2.25 1,008,000.00

*Manufacturing Overhead
Total Allocated
Manufacturing Proportion manufacturing
Overhead of total Cost
United States $ 500,000 33% $ 165,000
Canada $ 500,000 27% $ 135,000
Asia $ 500,000 40% $ 200,000
TOTAL $ 500,000

* Depreciation Expenses
Total Proportion Allocated
Depreciation of total Depreciation
United States $ 400,000 33.60% $ 134,400
Canada $ 400,000 24% $ 96,000
Asia $ 400,000 42.40% $ 169,600
TOTAL $ 400,000

Pacific Rim Industries

Segmented income statement by geographical areas
For the Fiscal Year Ended April 30, 20x0
Geographical Areas
United States Canada Asia Unallocated
Sales in Unit
Furniture 64,000 16,000 80,000
Sport 72,000 72,000 36,000
Appliances 32,000 32,000 96,000
Total Unit Sales 168,000 120,000 212,000
Revenue
Furniture $ 512,000 $ 128,000 $ 640,000
Sport $ 1,440,000 $ 1,440,000 $ 720,000
Appliances $ 480,000 $ 480,000 $ 1,440,000
Total Revenue $ 2,432,000 $ 2,048,000 $ 2,800,000
Variable Cost
Furniture $ 384,000 $ 96,000 $ 480,000
Sport $ 864,000 $ 864,000 $ 432,000
Appliances $ 336,000 $ 336,000 $ 1,008,000
Total Variable Cost $ 1,584,000 $ 1,296,000 $ 1,920,000
Contibution Margin $ 848,000 $ 752,000 $ 880,000

Fixed Cost
Manufacturing Overhead $ 165,000 $ 135,000 $ 200,000
Depreciation $ 134,400 $ 96,000 $ 169,600
Administrative and selling expenses $ 60,000 $ 100,000 $ 250,000 $ 750,000
Total Fixed Cost $ 359,400 $ 331,000 $ 619,600 $ 750,000
Operating Income $ 488,600 $ 421,000 $ 260,400 -$ 750,000
 Variable
Cost
$ 1,584,000
$ 1,296,000
$ 1,920,000
$ 4,800,000

Unit Sold
$ 168,000
$ 120,000
$ 212,000
$ 500,000

Total

160,000
180,000
160,000
500,000

$ 1,280,000
$ 3,600,000
$ 2,400,000
$ 7,280,000

$ 960,000
$ 2,160,000
$ 1,680,000
$ 4,800,000
$ 2,480,000

$ 500,000
$ 400,000
$ 1,160,000
$ 2,060,000
$ 420,000