2 Vulcan Company's contribution format income statement for Junes as follows 10 3,00 for the hotte Sales wishes sargin Net operating income Management is cointed with the company's performance and is wondering what can be done to improve profits By examining sales and cost records you have determined the following Rece a. The company is divided into two sales termes-Northern and Southern The Normem Territory recorded $400,000 in sales and 5212000 in vartable expenses during June, the remaining sales and variable expenses were recorded in the Southern Terry Fred expenses of $500.000 and $92.000 srecable to the Northern and Southern Territories, respectively. The rest of the food expenses are common to the two tones . The company is the excited to for two products-Pasand Sales of Paks and Tibe totaled $150.000 and $250.000 respectively, in the Northern tototy during June Vable expenses are 23 of these ing price for Paks and for its cost records show that $75.000 of the Northern Territory's fed expenses se trecebite 10 Pots and 557500 to Twith the remainder common to the two products Required: 1. Prepare contin format segmented income for the company broken down between stores - Prorection format segmente come statements for the Northern Temoy broken down by productie