Question 33 (10 points) Problem 3 Knitters Knit Inc. produces high-end sweaters and jackets in a single factory. The following informa was provided for the upcoming year. Sales Variable cost of goods sold Direct fixed overhead Sweaters $340,000 280.000 30.000 Jackets $615,000 300,000 50,000 A sales commission of 5% of sales is paid for each of the two product lines. Direct fixed selling an administrative expense was estimated to be $25,000 for the sweater line and S65,000 for the jacke Common fixed overhead for the factory is estimated to be $75,000. Common selling and dininis expense was estimated to be $22,000. Prepare a segmented income statement for next year using variable costing 1. What is the Sweater division total contribution margin? 2. What is the Jackets division total contribution margin? 3. What is the Sweater division segment margin? . 4. What is the Jackets division segment margin? 5. What is the total company operating income? A/ A/ A/