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TB Problem Qu. 7-269 (Algo) Spiess Corporation has two major ... Spiess Corporation has two
major business segments--Apparel and Accessories. Data concerning those segments for
December appear below: Common fixed expenses totaled $433,000 and were allocated as
follows: $187,000 to the Apparel business segment and $246,000 to the Accessories business
segment. Required: Prepare a segmented income statement in the contribution format for the
company.

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