need answer as soon as possible

Part 1 Operational information: The Vancouver region of Dynamadics has operations in the city of Vancouver and the city of Victoria. This region has had great success marketing and selling its products, perhaps due to its accessibility to international customers. Sales volumes and revenues have been high, however the owners are concerned with the low level of operating income in relation to these sales levels. You have been asked to conduct analysis and work with the Vancouver regional managers to identify opportunities to improve profits. You have received the following operating results for 2021. Dynamadics Inc. Vancouver Region Income Statement For the Year Ended December 31, 2020 Sales $1,166,000 Cost of goods sold $699,600 Gross Margin $466,400 Selling and administration expenses $291,500 Operating Income $174,900 (note: there were no inventories at the beginning and end of the year). This region sells all of the product lines, however the owners have asked for an analysis of two specific product lines: Backpacks and Computer Bags. The managers of the Vancouver and Victoria Operations provided the following information respecting sales and costs of these products. Dynamadics Inc. Vancouver Region Backpacks Computer Bags Total 37% 25% 3096 8% 38% 100% 67% 33% Sales by City as % of National sales Vancouver Victoria Total national sales Cost as % of regional sales Variable production costs Variable selling costs Fixed costs by product Traceable fixed cost Common fixed cost 47% 47% 13% 13% $152,000 $78,000 $74,000 Remainder of total costs The managers of these two operations identified Computer Bags as an area of concern based on their experiences. They provided you with the following for the Computer Bag product line. Dynamadics Inc. Vancouver Region Computer-Bag Product Line Vancouver $284,737 Victoria Total $100,043 $384,780 Sales Revenue 47% 47% Costs as percentage of product sales Variable production costs Variable selling costs Traceable fixed cost 13% 13% $30,000 $44,000 $74,000 Part 1, Question 1 (8 marks) Prepare, in good form, an income statement segmented by product line for the regional operations showing the corresponding company totals. Include the segment margin % for each product and in total. Part 1, Question 2 (6 marks) Prepare, in good form, a segmented performance report for the computer-bag by city. Include the segment margin % for each city and in total. Note: For both question 1 and 2: Round your percentage answers to 2 decimal places (i.e., 0.1234 should be recorded as 12.34%) Round your answers to the nearest dollar amount. Part 1, Question 3 (2 marks) Provide recommendations to management based on your results. Be sure to integrate your results in your explanation