(managerial accounting)

plz use the template

1. Segmented Income Statements: Buckeye Department Stores, Inc (In Thousands) Sales revenue Variable operating expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Total variable expense Segmented contribution margin Less: Fixed expenses controllable by segment manager: Depreciation-furnishings Computing and billing Warehouse Insurance Security Total Profit margin controllable by segment manager Less: Fixed expenses, traceable to segment, but controllable by others: Depreciation-buildings Property taxes Supervisory salaries Total Profit margin traceable to segment Less: Common fixed expenses Income before taxes Less: Income tax expense Net income 2) Buckeye Department Stores, Inc., operates a chain of department stores in Ohio. The company's organization chart appears below. Operating data for 20x1 follow. Chapter 12 Responsiblity Accounting and the Balanced Scorecard The following fixed expenses are controllable at the divisional level: depreciation-furnishings, computing and billing, warehouse, insurance, and security. In addition to these expenses, each division annually incurs $50,000 of computing costs, which are not allocated to individual stores. The following fixed expenses are controllable only at the company level: depreciation-building. property taxes, and supervisory salaries. In addition to these expenses, each division incurs costs for supervisory salaries of $100,000, which are not allocated to individual stores. Buckeye Department Stores incurs common fixed expenses of $120,000, which are not allocated to the two divisions. Income-tax expense for 20x1 is $1,950,000. Required: 1. Prepare a segmented income statement similar to Exhibit 12-7 for Buckeye Department Stores, Inc. The statement should have the following columns: Buckeye Dept. Stores, Inc. Prepare the statement in the contribution format, and indicate the controllability of expenses. Subtract all variable expenses, including cost of merchandise sold, from sales revenue to obtain the contribution margin. 2. How would the segmented income statement help the president of Buckeye Department Stores manage the company