### MA07 | Q03 + Q04 + Q05 + Q06 + Q07 + Q08 + Q09 ### The following segmented annual income statement is for Quality Bikes LLC. If allocated

fixed costs are based on sales revenue for each product line as a proportion of total sales revenue, what is the amount of allocated fixed costs for the Youth product? Use the drop down menu within the table below. Product Lines Youth Teen Adult Total Sales revenue $75,000 $300,000 $375,000 $750,000 Variable costs 45,000 150,000 255,000 450,000 Contribution margin $30,000 $150,000 $ 120,000 $300,000 Direct fixed costs 12,000 18,000 27,000 57,000 Allocated fixed costs 135,000 Profit (loss) ? MA07-Q03: what is the amount of allocated fixed costs for the Youth product? MA07-Q04: what is the profit or (loss) for the Youth product? MA07-Q05: what is the amount of allocated fixed costs for the Adult product? MA07-Q06: what is the amount of allocated fixed costs for the Teen product? MA07-Q07: what is the profit or (loss) for the Teen product? MA07-Q08: what is the profit or (loss) for the Adult product? MA07-Q09: what is the total profit or loss for all product lines? Product Line Sales revenue Variable costs Contribution margin Direct fixed costs Allocated Fixed Cost Profit (loss) Youth Total Teen Adult $75,000.00 $300,000.00 $375,000.00 $750,000.00 45,000 150,000 255,000 450,000 $30,000.00 $150,000.00 $120,000 $300,000.00 12,000 18,000 27,000 57,000 $13,500.00 $54,000.00 $67,500.00 $135,000.00 $4,500.00 $78,000.00 $25,500.00 $108,000.00