Aanagement is disappointed with the company's performance and is wondering what can be done to improve profits. By examining ales and cost records, you have determined the following: 2. The company is divided into two sales territories-Northern and Southern. The Northern Territory recorded \\( \\$ 400.000 \\) in sales and \\( \\$ 180,000 \\) in variable expenses during June; the remaining sales and variabie expenses were recorded in tbe Southern Territory. Fixed expenses of \\( \\$ 216,000 \\) and \\( \\$ 135,000 \\) are traceable to the Northern and Southern Territories, fespectively. The rest of the fixed expenses are common to the two territories. b. The company is the exclusive distributor for two products-Paks and Tibs. Sales of Paks and Tibs totaled \\( \\$ 200,000 \\) and \\( \\$ 200,000 \\). respectively. In the Northern territory during June. Variable experises are \26 of the selling price for Paks and \64 for Tibs. Cost records show that \\( \\$ 92,000 \\) of the Northern Territory's foxed expenses are traceable to Paks and \\( \\$ 42.000 \\) to Tibs, with the remainder common to the two products. Required: Ta. Prepare contribution format segmented income statements for the total company broken down between sales territories. ib. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. segmented income statements for the total company broken down between sales territories. (Round the sercentage answers to one decimal place (i.e .1234 should be entered as 12.3).) Prepare contribution format segmented income statements for the Northern Territory broken down by product line. (Round the percentage answers to one decimal place (1.e .1234 should be entered a5 12.3).)