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CHS 5&6 Help Sa Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the West,

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CHS 5&6 Help Sa Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the West, Central, and East regions. Each of these regions is about the same size and each has its own manager and sales staff has req the monthly income statement be segmented by sales region. The company's first effort at preparing a segmented income statement for May is given below. $ 310,000 799,000 695,000 Cost of goods sold sing 93,000 101,000 60,000 9,400 24,000 15,000 302,400 238,000 52,000 16,300 34,000 29,00043,000 314, 000 242,000 114,000 14,300 28,000 Depreciation 608,300 755,300 7,6001190,70060,300) Advertising (general) 15,000 41,00033,000 20,000 20,000 35,000 20,000 53,000 Total corporate expenses 61,000500 s (27,400) 129,700 $(113,300) The cost of goods sold and shipping expense are both variable. All other costs are fixed 3. Prepare a new contribution format segmented income statement for May. (Round percentage answers to 1 decimal place.) Prey 5 of Noxt

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