please fix the table above

Building Your Skills Analytical Thinking (LO7-4] 3 Diversified Products, Inc., has recently acquired a small publishing company that offers three books for sale-a cookbook, a travel guide, and a handy speller. Each book sells for $10. The publishing company's most recent monthly income statement is shown below ts Total Company Cookbook $ 300,000 $90,000 Product Line Travel Handy Guide Speller $ 150,000 $ 60,000 eBook eferences Sales Expenses: Printing costs Advertising General sales Salaries Equipment depreciation Sales commissions General administration Warehouse rent Depreciation-office facilities Total expenses Net operating income (loss) 192, eee 27, eee 36, eee 13,500 18,eee 5,400 33,000 18, eee 9, eee 3,000 30,000 9,000 42, eee 14, eee 12,eee 3,600 3,000 1, eee 285,000 94,500 15,200 $ (4,500) $ 63, eee 12, eee 19,500 3,000 9, eee 3,600 9, eee 6,000 3, eee 3, eee 15, eee 6, eee 14,000 14,000 6,000 2,400 1,000 1, eee 139,500 51, eee 10,580 $ 9,000 The following additional information is available: a. Only printing costs and sales commissions are variable: all other costs are fixed. The printing costs (which include materials, labor, and variable overhead) are traceable to the three product lines as shown in the income statement above. Sales commissions are 10% of sales. b. The same equipment is used to produce all three books, so the equipment depreciation expense has been allocated equally among the three product lines. An analysis of the company's activities indicates that the equipment is used 30% of the time to produce cookbooks, 50% of the time to produce travel guides, and 20% of the time to produce handy spellers. c. The warehouse is used to store finished units of product, so the rental cost has been allocated to the product lines on the basis of sales dollars. The warehouse rental cost is $3 per square foot per year. The warehouse contains 48,000 square feet of space, of which 7,200 square feet is used by the cookbook line, 24,000 square feet by the travel guide line, and 16.800 square feet by the handy speller line. d. The general sales cost above includes the salary of the sales manager and other sales costs not traceable to any specific product line. This cost has been allocated to the product lines on the basis of sales dollars. e. The general administration cost and depreciation of office facilities both relate to administration of the company as a whole. These costs have been allocated equally to the three product lines. f. All other costs are traceable to the three product lines in the amounts shown on the income statement above, Saved Help Save & Exit Subm Required: 1. Prepare a new contribution format segmented income statement for the month Adjust allocations of equipment depreciation and of warehouse rent as indicated by the additional information provided. 2. Based on the segmented income statements given in the problem, management plans to eliminate the cookbook because it is not returning a profit, and to focus all available resources on promoting the travel guide. However, based on the new contribution format segmented income statement that you prepared: a. Do you agree with management's plan to eliminate the cookbook? b-1. Compute the contribution margin ratio for each product: b-2. Based on the statement you have prepared, do you agree with the decision to focus all available resources on promoting the travel guide? Prepare a new contribution format segmented income statement for the month. Adjust allocations of equipment depreciation and of warehouse rent as indicated by the additional information provided. (Round your intermediate calculations to 2 decimal places.) Total Company $ 300,000 Travel Handy CookBook Guide Speller $ 90,000 $ 150,000 $ 60,000 Sales Variable expenses Printing cost Sales commissions Variable manufacturing overhead 102,000 30,000 36,000 27,000 9,000 78,000 63,000 15,000 12,000 6,000 Total variable expenses 18,000 168,000 132,000 114,000 (24,000) 78,000 72,000 42,000 1,800 Traceable fixed expenses Equipment depreciation Warehouse rent Advertising Salaries 9,000 12,000 2,700 1,800 13,500 4,500 6,000 19,500 9,000 4,200 3,000 18,000 6,000 13,500 19,500 Advertising Salaries 3,000 18,000 9,000 6,000 Total traceable fixed expenses 36,000 21,000 111,000 39,000 15,000 33,000 $ 27.000 $ (60.000) $ Common fixed expenses: General sales 18,000 42,000 General administration Depreciation-office facilities 3.000 Total common fixed expenses 63,000 Net operating income $ 48,000 Req 2A > 1-4. baseu une sidenent you love prepareu, do you agree with the decision to focus all available resources on travel guide? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Part 1 Req 2B Part 2 Do you agree with management's plan to eliminate the cookbook? Yes No Reg 1 Req 2A Req 28 at 1 Reg 2B Part 2 ok Compute the contribution margin ratio for each product. (Round your answers to the nearest whole percent.) nces Cookbook Travel Guide Handy Speller Contribution margin ratio %