Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating results for 20X1, in which there were no inventories of dinners at the beginning and end of the year

Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating results for 20X1, in which there were no inventories of dinners at the beginning and end of the year BHARAT CURRY FOODS Income Statement For the Year Ended December 31, 20X1 Sales Cost of goods sold $1,060,000 612,000 Gross margin Selng and administrative expenses 448,000 286,000 Operating income 162,000 BCF sells two types of curry foods-chicken and lamb-and operates in Ontario and western Canada Information on sales and costs is as follows Chicken Lamb Regional sales percentage of national sales Ontario Western Canada 31% 25 21% 23 62% 48 Total 56% 44% 100% Costs as percentage of regional sales Variable production costs Variable selling expenses 41% 15% 41% 15% Fixed costs by product Traceable fixed expenses Common fixed costs $61,000 Remainder of total costs $ 61,000 $122,000 The following information is for lamb products only Ontario Western Canada Costs as percentage of regional lamb sales Variable production costs Variable selling expenses 46% 14% 36.43% 16% Fixed costs by region: Traceable fixed expenses $ 24,000 $ 37,000 $ 61,000