lu tie Nortirn and Southern Territories, respectively. The rest of the fixed expenses are common to the two territories respectively, in the Northern territory during June. Variable expenses are 24% of the selling remainder common to the two products. b. The company is the exclusive distributor for two products-Paks and Ji bs. Sales of Paks and Tibs totaled $120,000 and $280,000, pricefor Paks and 54%fo Tit of the Northern Territory's fixed expenses are traceable to Paks and $53,200 to Tibs, with the Cost Required: 1-a. Prepare contribution format segmented income statements for the total company broken down between sales territories 1-b. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. Complete this question by entering your answers in the tabs below Req 1A Req 1B Prepare contribution format segmented income statements for the iorthern Teritory broken down by product line. (Round your percentage be re to search