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Question 2 (2 marks) Hatch Company has two divisions: O and E. During the year just ended, Division O had a segment margin of $9.000

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Question 2 (2 marks) Hatch Company has two divisions: O and E. During the year just ended, Division O had a segment margin of $9.000 and variable costs equal to 70% of sales. Traccable fixed costs for Division E were $19,000. Hatch Company as a whole had a contribution margin of 40%, a segment margin of $25,000. Common costs of $10,000 and sales of $200,000. Required: Given this data, prepare segmented income statements showing the Total as well as amounts for Division 0 and E

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