Millard Corporation is a wholesale distributor of office products. It purchases office products from manufacturers and distributes them in the West, Central, and East regions. Each of these regions is about the same size and each has its own manager and sales staff.

The company has been experiencing losses for many months. In an effort to improve performance, management has requested that the monthly income statement be segmented by sales region. The company's first effort at preparing a segmented income statement for May is given below.

Sales Region

WestCentralEast

Sales$313,000$804,000$698,000

Regional expenses (traceable):

Cost of goods sold 92,000236,000311,000

Advertising 106,000237,000237,000

Salaries 56,00053,000107,000

Utilities 8,80016,10014,000

Depreciation 19,00033,00027,000

Shipping expense 13,00027,00037,000

Total regional expenses 294,800602,100733,000

Regional income (loss) before corporate expenses 18,200201,900(35,000)

Corporate expenses:

Advertising (general) 15,00038,00035,000

General administrative expense 20,00020,00020,000

Total corporate expenses 35,00058,00055,000

Net operating income (loss) $ (16,800)$143,900$(90,000)

The cost of goods sold and shipping expense are both variable. All other costs are fixed.

Required:

3. Provide new contribution format segmented income statement for May. (Round percentage answers to 1 decimal place.)

Total Company West Central East Amount Amount % Amount % Amount % Variable expenses: Total variable expenses 0 0.0 0 0.0 0 0.0 O 0.0 0 0.0 0 0.0 0 0.0 O 0.0 Traceable fixed expenses: Total traceable fixed expenses 0 0.0 0 0.0 0 0.0 0.0 0 0.0 $ 0 0.0 $ 0 0.0 $ 0 0.0 Common fixed expenses:Total variable expenses 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 Traceable fixed expenses: Total traceable fixed expenses 0 0.0 0 0.0 0 0.0 0 0.0 0 0.0 $ 0 0.0 9 0 0.0 $ 0 0.0 Common fixed expenses: Total common fixed expense 0 0.0 Net operating income (loss) $ 0 0.0