Required:

$1.$ Prepare a contribution income statement for CWI showing the contribution margin, controllable margin, and contribution by profit center for both the Boston and Hartford stores, and also for the clothing and cycle and run units of the Hartford store. Required:

$1.$ Prepare a contribution income statement for CWI showing the contribution margin, controllable margin, and contribution by profit center for both the Boston and Hartford stores, and also for the clothing and cycle and run units of the Hartford store.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline & Combined Company & Not Allocated & Boston & Hartford & Not Allocated & Clothing & Cycle and Run $\backslash \backslash$

$\backslash$hline Net sales & & & & & & & $\backslash \backslash$

$\backslash$hline Variable costs: & & & & & & & $\backslash \backslash$

$\backslash$hline COGS & & & & & & & $\backslash \backslash$

$\backslash$hline Operating costs & & & & & & & $\backslash \backslash$

$\backslash$hline Total variable costs & $0$ & & $0$ & $0$ & & $0$ & $0\backslash \backslash$

$\backslash$hline Contribution margin & & & & & & & $\backslash \backslash$

$\backslash$hline Less: Controllable fixed costs & & & & & & & $\backslash \backslash$

$\backslash$hline Controllable margin & $0$ & & $0$ & $0$ & & $0$ & $0\backslash \backslash$

$\backslash$hline Less: Noncontrollable fixed costs & & & & & & & $\backslash \backslash$

$\backslash$hline Contribution by profit center & $\backslash$$ $0$ & $\backslash$$ $0$ & $\backslash$$ $0$ & $\backslash$$ $0$ & $\backslash$$ $0$ & $\backslash$$ $0$ & $\backslash$$ $0\backslash \backslash$

$\backslash$hline Less: Nontraceable costs & & & & & & & $\backslash \backslash$

$\backslash$hline Operating income & $\backslash$$ $0$ & & & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$