Question: segmented income statement for May is given below Sales Region East West Central $804,000 $704, 000 $312,000 Sales Regional expenses (traceable): Cost of goods sold
segmented income statement for May is given below Sales Region East West Central $804,000 $704, 000 $312,000 Sales Regional expenses (traceable): Cost of goods sold Advertising Salaries Utilities Depreciation Shipping expense Total regional expenses Regional income (loss) before coorate e Corporate, expenses: Advertising (general) General administrative expense Total corporate expenses Net operating income (loss) 02:41:54 91,000 104,000 56,000 9,000 19,000 13,000 292,000 235,000 245,000 53,000 16,400 320,000 236,000 108,000 14,400 26,000 43,000 747,400 Print 32,000 33,000 614,400 20,000 189,600 (43,400) 37,000 18,000 $5,000 $(14,000) $134,600 $(94,400) 16,000 18,000 34,000 33,00 18,000 51,000 The cost of goods sold and shipping expense are both variable. All other costs are fixed. Required: 3. Prepare a new contribution format segmented income statement for May. (Round percentage answers to 1 decimal place.) Total Company West Central East Amount Amount % % Amount Amount Variable expenses Total variable expenses Traceable fixed expenses: Total traceable fixed expenses Common fixed expenses Total common fixed expense Net operating income (loss)
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