Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $620,000 $359,700 $ 74,100 $478,400 $273,000 $ 61,900 In addition, common fixed expenses totaled $167,800 and were allocated as follows: $87,100 to the North business segment and $80,700 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is: A company that produces a single product had a net operating income of $77,000 using variable costing and a net operating income of $98,840 using absorption costing. Total fixed manufacturing overhead was $52,020 and production was 10,200 units. This year was the first year of operations, Between the beginning and the end of the year, the inventory level