HW 13 6 3 Superior Markets, Incorporated, operates three stores in a large metropolitan area. A segmented absorption costing income statement for the company for the last quarter is given below Incine Statement Cost of goods sold Cross margin Belling expe Tutal expess Por the Quarter Ended September 30 Total North Store 3,340,000 South are 404,400 $1,344,000 1,954,064 art se 1,209,400 665,200 3,503,934 364,416 915,343 SPEC4PROD 259,169 352,00 303,032 SUIPCIO 440-304 100.314 The North Store has consistently shown losses over the past two years. For this reason, management is giving consideration to closing the store. The company has asked you to make a recommendation as to whether the store should be closed or kept open. The following additional information is available for your use: a. The breakdown of the selling and administrative expenses that are shown above is as follows: ales salaries Direct advertising Ceneral advertising Depreciation at store fiatur Delivery salaries Depreciation of delivery equipment Total selling expenses "Allocated on the basis of sales dollars Total 79,400 399,400 1,600 209,440 $7,120 80.445 10,400 12.094 20,160 18,144 336,000 95,200 134,400 106,400 17,920 5,152 6,120 4.04 23,53 7,940 7,840 10,000 3.343 3.349 15,4 259,348 352,400 Submit Chack my work