Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel $683,000
Variable expenses, Apparel $351,000
Traceable fixed expenses, Apparel $154,000
Sales revenues, Accessories $848,000
Variable expenses, Accessories $424,000
Traceable fixed expenses, Accessories $190,000

Common fixed expenses totaled $406,000 and were allocated as follows: $182,000 to the Apparel business segment and $224,000 to the Accessories business segment.

Required:
Prepare a segmented income statement in the contribution format for the company.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?