need help with both parts.

Return to question 3 10 Dots Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30 Sales $900,000 Variable expenses 408.000 Contribution margin 492,000 Fixed expenses 480.000 Net operating income $ 12,000 Management is disappointed with the company's porformance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following: a. The company is divided into two sales territories-Northern and Southern. The Northern Territory recorded $400,000 in sales and $208,000 in variable expenses during June, the remaining sales and variable expenses were recorded in the Southern Territory Fixed expenses of $180,000 and $145,000 are traceable to the Northern and Southern Territories, respectively. The rest of the fixed expenses are common to the two territories b. The company is the exclusive distributor for two products--Paks and Tibs. Sales of Paks and Tibs totaled $160,00 and $240.000 respectively, in the Northern territory during June. Variable expenses are 28% of the selling price for Paks and 68% for Tibs. Cost records show that $78,400 of the Northern Territory's foxed expenses are traceable to Paks and $55,200 to Tibs, with the remainder common to the two products W Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Prepare contribution format segmented income statements for the total company broken down between sales territories. (Rou your percentage answers to 1 decimal place (le. 0.1234 should be entered as 12.3).) Sales Territory Total Company Northern Southern Amount % Amount % Amount % Sales $ 900,000 100.0 $ 400,000 100,0 $ 500,000 100.0 Variable expenses 408,000 45.3 208,000 52.0 200,000 40.0 492,000 Contribution margin 54.7 192,000 48.0 300,000 60.0 Traceable fixed 325,000 expenses 48.0 $ 192,000 60.0 $ 300.000 167,000 54.7 > 54.7 $ 167,000 Req Req 1B > BB 3 of 3 Next