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Exercise 2 Lereve Company has recorded the following information about the results of its operations for the fourth quarter: Western Division Eastern Division Total Company

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Exercise 2 Lereve Company has recorded the following information about the results of its operations for the fourth quarter: Western Division Eastern Division Total Company $200,000 $ 60,000 Sales revenues $80,000 30,000 $120,000 30,000 Variable cost of sales Fixed costs: Common $100,000 $ 50,000 25,000 20,000 75,000 30,000 Traceable Based on this information, prepare a segmented income statement for the quarter and comment on the results

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