10 Check my work 1 Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement Sales $ 1,629,e00 645,480 983,520 1,082,000 (98,480) points Variable expenses Contribution margin Fixed expenses 03:44:41 Net operating income (loss) eBook In an effort to resolve the problem, the company would like to prepare an income statement segmented by division Accordingly, the Accounting Department has developed the following information: Hint Print Division References Central $630,000 East West $560,e00 Sales Veriable expenses as a percentage of sales Traceable fixed expernses $439,000 52 % 36 % 34% $282,000 $336,000 $200,000 Required: 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $24,000 based on the belief that it would increase that division's sales by 12%. Assuming these estimates are accurate. how much would the company's net operating income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Mc Graw Hill Next Foev 1 of 4 Edacation Type here to search 1 Check Complete this question by entering your answers in the tabs below. lnts Req 1 Req 2A Req 2B Prepare contribstion format income statement segmented by divisions. 03:44:01 Division Total Company East eBook Central West Hint Print References Req 2A Prev 1 of 4 Next> aw Check my won 1 Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Ints The Marketing Department has proposed increasing the West Division's monthly advertising by $24,000 based on the belief that it would increase that division's sales by 12%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? (Do not round intermediate calculations.) 03.43:48 eBook Net operating income will by Hint raw ill uation UT Check my work 1. Prepare a contribution format income statement segmented by divisions 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $24,000 based on the belief that it would increase that division's sales by 12 % . Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? polnts Complete this question by entering your answers in the tabs below. 03:4217 Req 1 Req 2A Req eBook Hint Would you recommend the increased advertising? Print Yes ONo References Req 2A Pre 1 of 4 Next> Mc Graw Hill catien a Oo Type here to search