Help Save&Exit Subemit Assignment 5-1 Week 5 Practice Check my work Wingate Compan a ae adistributor ot electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement 5 1,607,000 657,780 points Variable expenses Contribution margin Fixed expenses Net operating inccne (loss) (9t,780 n an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information Central 417,0 5640,00 $550,000 East West Varlable expenses as a percentage of sales Traceable fixed expenses $271,000 $323,000 $206,000 Required 1 Prepare a contribution format income statement segmented by divisions 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $22.000 based on the beliet that it would increase that division's sales by 15%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below Req 1 Req 2A Req 26 Prey 1 of 411 Next >