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Shannon Company segments its income statement into North and South Divisions. The company's overall sales, contribution margin ratio, and net operating income are $ 9

Shannon Company segments its income statement into North and South Divisions. The company's overall sales, contribution
margin ratio, and net operating income are $990,000,36%, and $19,800, respectively. The North Division's contribution margin
and contribution margin ratio are $132,000 and 40%, respectively. The South Division's segment margin is $151,800. The
company has $227,700 of common fixed expenses that cannot be traced to either division.
Required:
Prepare a segmented income statement for Shannon Company using the contribution format. For the company as a whole and
for each division, show each item on the segmented income statements as a percent of sales.
Note: Round your percentage answers to 1 decimal place (i.e 1234 should be entered as 12.3).
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