Sales Cost of goods sold Direct Selling Expenses Direct Admin Expenses Indirect Overhead Expenses East $436,980 $262,190 $65,500 $76,430 West $449,270 $247,100 $89,900 $66,140 Total $886,250 $509,290 $155,400 $142,570 $68,500 BDC wants to allocate indirect overhead expenses to its divisions using Sales as the basis (round to the nearest dollar). Prepare a statement showing the gross profit, contribution to overhead costs, and net income for each segment or division and the total company.

BDC wants to allocate indirect overhead expenses to its divisions using Sales as the basis (round to the nearest dollar). Prepare a statement showing the gross profit, contribution to overhead costs, and net income for each segment or division and the total company