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Saka Company, a wholesale distributor of dental and medical supplies, is interested in implementing departmental reporting, Saka's recent monthly income statement Sales Less variable expenses

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Saka Company, a wholesale distributor of dental and medical supplies, is interested in implementing departmental reporting, Saka's recent monthly income statement Sales Less variable expenses Contribution Margin Less fixed expenses Net Income $300,000 180.000 S120,000 48,000 S 72.000 Dental Information on divisions: Sales Variable expenses as a % of sales Traceable/direct fixed expenses Medical $200,000 62% S 14,000 $100,000 56% $ 19,000 Required: Prepare a departmental contribution income statement by divisions. Show amounts for the company as a whole and for each division

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