Losses have been incurred at Millard Corporation for some time. In an effort to isolate the problem and improve the companys performance, management has requested that the monthly income statement be segmented by sales region. The companys first effort at preparing a segmented statement is given below. This statement is for May, the most recent month of activity.

	Sales Region
	West	Central	East
Sales	$	450,000	$	800,000	$	750,000
Regional expenses (traceable):
Cost of goods sold		162,900		280,000		376,500
Advertising		108,000		200,000		210,000
Salaries		90,000		88,000		135,000
Utilities		13,500		12,000		15,000
Depreciation		27,000		28,000		30,000
Shipping expense		17,100		32,000		28,500
Total regional expenses		418,500		640,000		795,000
Regional income (loss) before corporate expenses		31,500		160,000		(45,000)
Corporate expenses:
Advertising (general)		18,000		32,000		30,000
General administrative expense		50,000		50,000		50,000
Total corporate expenses		68,000		82,000		80,000
Net operating income (loss)	$	(36,500)	$	78,000	$	(125,000)

Cost of goods sold and shipping expense are both variable; other costs are all fixed.

Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the three regions given above. The three regions are about the same size, and each has its own manager and sales staff. The products that the company distributes vary widely in profitability.

Required:

3.	Prepare a new contribution format segmented income statement for May. Show a Total column as well as data for each region. In addition, for the company as a whole and for each sales region, show each item on the segmented income statement as a percent of sales. Round percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).

	Total Company	West	Central	East
	Amount	%	Amount	%	Amount	%	Amount	%
Variable expenses:
Total variable expenses
Traceable fixed expenses:
Total traceable fixed expenses
Common fixed expenses:
Total common fixed expense