Ellies Edibles, Inc. is segmented into three divisions, and $42,000 of the fixed expenses relate to the corporate (common) expenses and had been allocated equally between the three divisions.

		Total Company	Division X	Division Y	Division Z
Sales		$200,000	$80,000	$50,000	$70,000
Variable Expenses		120,000	52,000	30,000	38,000
Contribution Margin		$80,000	$28,000	$20,000	$32,000
Fixed Expenses		60,000	20,000	22,000	18,000
Net income (loss)		20,000	$8,000	-$2,000.00	$14,000

A. Calculate the Contribution Margin Ratio for each segment and for the Total Company.

B. Revise the income statement presented above into a segmented income statement.