Question 1 of 2 1,0274 E on the joints. The company has two division, Sole Inserts and Heel inserts. A segmented income statement from last month follows Sales revenue Less valable expenses Contribution margin Less traceableted expenses Segment margin Common fed costs Net operating income Sole Inserts Division 5498,300 311.000 187,300 124.200 $63.100 Heel inserts Division $2.523.000 2,036.000 487,000 349,700 $137.300 Total Shoe Shock $3,021.300 2.327.000 674 300 473.900 200,400 170.600 $29,800 Laura Halls Shoe Shock's sales manager. Although this statement provides useful information, Laura wants to know how well the company's two distribution channels, specialty footwear stores and drugstores are performing Marketing data indicates that 35of sole inserts and 60% of heel inserts are sold through specialty footwear stores A recent analysis of corporate fred costs revealed that 40% of all fod costs are traceable to specialty footwear stores and 55% of alued costs to drugstores You antwer is partially correct Prepare a segmentang income statement for Shoe Shock stwo distribution channels. (Enter negative amounts using either a negative sign preceding the number es-45 or parentheses es (45) Specialty Footwear Stores venue sert 1513800 evente 16Zos vartable expenses Ne inserts 105851 Belinserts 1221600 1330450 ontribution margin ceable expenses 257000 mented win ammoned expenses 95 perating income Textbook and Media Save for Later Attempts: 1 of used Submit Ana 1.02/4 Question 1 of 2 on the joints. The company has two divisions, Sole loserts and Heel inserts. A segmented income statement from last month follows Sales revenue tess variable expenses Contribution margin Less tracesbe fixed expenses Segment marpin Commonwed costs Net operating income Sole Inserts Division $498 300 311.000 187,300 124.200 $63.100 HeelInserts Division 52.523.000 2,036,000 487.000 349.700 $137,300 Total Shoe Shock $3.021.300 2.347.000 674,300 473.900 200400 170.600 $29,800 Laura Hallis Shoe Shock's sales manager. Although this statement provides useful information, Laura wants to know how well the company's two distribution channels, specialty footwear stores and drugstores are performing Marketing data indicates that 35% of sole Inserts and 60% of heel inserts are sold through specialty footwear stores A recent analysis of corporate fed costs revealed that 40% of all fixed costs are traceable to specialty Footwear stores and 55% of all fred costs to drugstores cal Your answer is partially correct. Prepare a segment margin income statement for Shoe Shock's two distribution channels. (Enter negative amounts using either a negative sign preceding the numbers. 45 or parentheses ..(45) Drug Stores Total Shoes [ 11 e Textbook and Med Savelor Later Attempts: 1 of 3 used Submit Anwer Question 1 of 2 on the joints. The company has two divisions. Sole Inserts and Heel inserts. A segmented income statement from last month follows Sales revenue Less variable expenses Contribution margin Less traceable foved expenses Segment margin Common fixed costs Net operating income Sole Inserts Division $498,300 311,000 187,300 124,200 $63.100 Heel Inserts Division $2.523,000 2.036.000 487.000 349,700 $137,300 Total Shoe Shock $3,021,300 2.347.000 674,300 473.900 200,400 170.600 $29.800 Laura Hall is Shoe Shock's sales manager. Although this statement provides useful information, Laura wants to know how well the company's two distribution channels, specialty footwear stores and drugstores are performing Marketing data indicates that 35% of sole Inserts and 60% of heet inserts are sold through specialty footwear stores A recent analysis of corporate foved costs revealed that 40% of all foxed costs are traceable to specialty footwear stores and 55% of all costs to drugstores 1) Your answer is partially correct. Prepare a segment margin income statement for Shoe Shock'stwo distribution channels. (Enter negative amounts using either a negative sign preceding the number -45 or parentheses es. (451) True Stores Total Shoe Shock E INDINI Textbook and Media Sve for at Attempts: 1 of used Submit