Batavia, H 4 10 To: Staff Accountant From: Tracey Hawkins President May 28, 2018 Segment Report Date: Re As you know, we have been experiencing losses for some time, as shown by our most recent month's contribution format income statement: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $1,000,000 390,000 610,000 625,000 In an effort to isolate the problem, I would like for this income statement to be segmented by division. Here is the information that you will need: Sales Variable expenses as a percentage of sales Traceable fixed expenses East $250,000 52% $160,000 Division Central $400,000 30% $200,000 West S350,000 40% $175,000