JexFreeze (5 points) JexFreeze company produces 2 model of industrial freezers: White and Orange. Below data referred to 2020: White Orange Volume produced and sold (units) 1,400 900 Selling price per unit 1,200.00 2,800.00 Standard variable manufacturing costs per unit 480.00 Variable manufacturing costs variances (*) 138,000 1,200.00 240,000 Sales commissions (% on revenues) 5% 5% Sales force (number of vendors) 18 15 Sales force (annual cost per vendor) 25,000 25,000 Advertising costs Logistic warehouse 100,000 150,000 120,000 180,000 General unallocated costs 240,000 (*) variances are FAVORABLE for White and UNFAVORABLE for Orange The 2 Product Line are managed by Sales managers who are considered profit centers. Each manager decides the sales force (paid with a salary + a commission on revenues) and the advertising activities. On the contrary, the sales managers have no control over logistic and manufacturing costs. Q1 Produce the segmented income statement and put in evidence the following intermediate results: Contribution Margin, Controllable Margin, Segment Margin, Operating Profit. Sales Contribution Margin Controllable Margin White Orange Total