Question: Baring Inc. is a decentralized organization operating with three segments. In 2020, Baring recorded the following: Sales $2,140,000 Variable costs 952,220 Contribution margin 1,187,780 Fixed

Baring Inc. is a decentralized organization operating with three segments. In 2020, Baring recorded the following:

Sales $2,140,000
Variable costs 952,220
Contribution margin 1,187,780
Fixed costs 1,333,000
Operating income (loss) $(145,220)

The President of Baring Inc. has requested segmented reporting based on the three segments. Accordingly, the following information was obtained:

Segments
West Coast East Coast Prairies
Sales $614,000 $813,000 $713,000
Variable costs as percentage of sales 54% 36% 46%
Traceable fixed costs $304,000 $503,000 $314,000

Based on this information, respond to the following questions in the respective answer box.

1. What is the value of the common fixed costs?

2. What is the segment margin for the West Coast?

3. What is the segment margin for the East Coast?

4. What is the segment margin for the Prairies?

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