Assignment #5 (Problem 18) 0 4 Fashionisto Incorporated is an upscale clothing store in New York City and London. Each store has two main departments, Men's Apparel and Women's Apparel. Marie Phelps, Fashionisto's CFO, wants to use strategic performance measurement to better understand the company's financial results. She has decided to use the profit center method to measure performance and has gathered the following information about the two stores and the two departments of the New York City store: Total net sales $4.400.000 Fixed conta Partly traceable and controllable 295,000 Partly traceable but noncontrollable 265,000 Montraceable conta 115,000 Total net sales (percent) London store 401 New York store 60 New York-Men's Apparel 40 New York Homen's Apparel 60 Cost of goods sold variable percent of salen London store 520 New York Apparel 45 New York Women's Apparel 60 Variable operating costs (percent of sales) London store 361 New York-Men's Apparel 22 tew York-Women's Apparel 32 Fixed controllable corte-partly traceable (percent of total) 400 New York total Men'. Apparel 45 Women's Apparel 40 Could not be traced to Men's or Women's Apparel 15 Could not be traced to London or New York 20 Vixed noncontrollable costa-partly traceable (percent of total) London store 500 New York total 40 Men's Apparel Women's Apparel 15 Could not be traced to Man's or Women's Apparel 50 Could not be traced to London or New York 10 Required: 40 35 1. Using this information, prepare a contribution income statement for Fashionisto Combined Company Not Allocated London Store New York Store Not allocated Men's wear Women's wear Vanable cost Total variable cost 0 0 0 0 0 0 0 0 os 0 $ $ 0