Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating results for 2021, 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, 2021 Sales $1,260,000 Cost of goods sold 728,000 Gross margin 532,000 Selling and administrative expenses Operating income 340,000 $ 192,000 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: Regional sales percentage of national sales: Ontario Western Canada Total Costs as percentage of regional sales: Variable production costs Variable selling expenses Fixed costs by product: Traceable fixed expenses Common fixed costs Chicken Lamb Total 40% 24% 64% 21 15 36 61% 39% 100% 41% 41% 14% 14% $ 64,000 $ 64,000 Remainder of total costs $128,000 The following information is for lamb products only: Western Ontario Canada Total Costs as percentage of regional lamb sales: Variable production costs Variable selling expenses Fixed costs by region: Traceable fixed expenses Required: 46% 33.00% 13% 16% $26,000 $38,000 $64,000 1. Prepare, in good form, an income statement segmented by product line, showing the corresponding company totals. Use Exhibit 12- 3 as a guide. (Round "Percentage" answers to 2 decimal places, (i.e., 0.1234 should be considered as 12.34%). Round your answers to nearest dollar amount.) Less: Variable costs Less: Fixed costs BHARAT CURRY FOODS Segment Performance Report For the Year Ended 2021 Chicken Lamb Total % % % 2. Prepare, in good form, a segmented performance report for lamb curry dinners by region. (Round "Percentage" answers to 2 decimal places, (i.e., 0.1234 should be considered as 12.34%). Round your answers to nearest dollar amount.) BHARAT CURRY FOODS Income Statement Segmented by Region for Lamb Products For the Year Ended 2021 Less: Variable costs Less: Fixed costs Ontario Western Canada Total % % %