Saved Help Save & Exit Submit Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $ 1,630,000 662,000 968,000 1,065,000 $ (97,000) 47 In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Sales Variable expenses as a percentage of sales Traceable fixed expenses Required: East $420,000 Division Central $ 650,000 616 34 $ 326,000 $ 256,000 1. Prepare a contribution format income statement segmented by divisions.. West $560,000 33% $ 208,000 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $27,000 based on the belief that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating Income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Prepare a contribution format income statement segmented by divisions. < Prev 4 of 6 Next>> heducation.com/est/map/index.html?_conicon&external browser launchUrl-https%2 Required: Seved education.com2. Help Save & Exit Submi 1. Prepare a contribution format income statement segmented by divisions 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $27,000 based on the belief that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating Income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Prepare a contribution format income statement segmented by divisions. 2 80 13 000 000 24 #3 $ 54 4 % 95 Division Total Compenty East Central West CRug T Req 2A > < Prev 4 of 6 Next > F5 VO 6 & 27 7 * * 8 E R T Y U 16 FO FIO 9 0 0 P Required: Saved Help Save & Exit 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $27,000 based on the belief t would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operatin income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 The Marketing Department has proposed increasing the West Division's monthly advertising by $27,000 based on the belief that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? (Do not round intermediate calculations.) Not operating income will #3 80 E D 73 $ 200 800 F 54 < Req 1 Req 28 > FS < Prev 4 of 6 Next > 4 +11 19 85 % A & * 6 7 8 9 0 R T Y U 0 P LL F G H J K L 4 Saved Help Save & Exit Submit Sales Variable expenses as a percentage of sales Traceable fixed expenses Required: East $420,000 618 $ 256,000 Central $650,000 West $ 560,000 349 33 $ 326,000 $ 208,000 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $27,000 based on the belief that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented? 2-b. Would you recommend the increased advertising? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Would you recommend the increased advertising? OYes ONO < Prev 4 of 6 Next