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Midtown Retail operates a retail store in Kansas City, MO., and St. Louis, MO. The following information relates to the Kansas City facility: The store

Midtown Retail operates a retail store in Kansas City, MO., and St. Louis, MO. The following information relates to the Kansas City facility:

The store sold 62,800 units at $28.00 each, after having purchased the units from various suppliers for $21.50. Kansas City salespeople are paid a 1% commission based on gross sales dollars.

Kansas City's sales manager oversees the placement of local advertising contracts, which totaled $65,000 for the year. Local property taxes amounted to $25,500.

The sales manager's $76,000 salary is set by Kansas City's store manager. In contrast, the store manager's $145,000 salary is determined by Midtown's vice president.

Kansas City incurred $12,300 of other noncontrollable costs.

Nontraceable (common) corporate overhead totaled $79,000.

Midtown's corporate headquarters is located in St. Louis, and the company uses responsibility accounting to evaluate performance.

Required:

Prepare segmented income statement for the Kansas City store, being sure to disclose the segment contribution margin, the segment controllable profit margin, and segment profit margin.

Variable costs:

Segment contribution margin

Traceable, controllable fixed costs:

Controllable fixed margin

Traceable uncontrollable fixed costs

Segment profit margin

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