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A1 = Question 2: Keep or Drop \& Segmented Income Statement (21 marks) 14 Question 2: Keep or Drop \& Segmented income Statement (21 marks) Allens Compamy manufactures three types of products - basic, deluxe, and supreme. Dato on saies and expensees for the past quartet follow: Note 1; Currently allocated equally between the product lines. These costs will be incurred regardicss of which product lines are offered. 16 Required: Restate the income statement using proper segmented income format, assuming all product lines are kept (14 marks): 16 19 20 Cover Sheet Q1 Q2Q3Q4Q5 Formulas + Cakulation Mode Automatic Workbook Statistic Requited: Restate the income statement using proper segmented income format, assuming all product lines are kept (14 marks): fr Question 2: Keep or Drop \& Segmented income Statement (21 marks) Based on your segmented income statement, comment on the profitability of each division. Which division is the most profitable? Least profitable? Should any divisions be eliminated? (1 mark) How did you compare the divisions (as in how did you decide which one was the most profitable and least profitable)? Contribution margin in dollars, CM ratio, segment margin in dollars or segment margin percentage? Why is that the best way to compare? ( 2 marks) Name one recommendation you would have for management based on your analysis and the question data. The ariswer must be specific to this question and this company and cannot be a generic answer. ( 1 mark)