Shoe Shock Innovations manufactures athletic shoe inserts that cushion the foot and reduce the impact of exercise on the joints. The company has two divisions, Sole Inserts and Heel Inserts. A segmented income statement from last month follows.

	Sole Inserts Division		Heel Inserts Division		Total Shoe Shock
Sales revenue	$491,300		$2,549,000		$3,040,300
Less variable expenses	311,000		2,011,000		2,322,000
Contribution margin	180,300		538,000		718,300
Less traceable fixed expenses	123,500		348,100		471,600
Segment margin	$56,800		$189,900		246,700
Common fixed costs					173,800
Net operating income					$72,900

Chris Kelly is Shoe Shocks sales manager. Although this statement provides useful information, Chris wants to know how well the companys two distribution channels, specialty footwear stores and drug stores, are performing. Marketing data indicates that 20% of sole inserts and 75% of heel inserts are sold through specialty footwear stores. A recent analysis of corporate fixed costs revealed that 50% of all fixed costs are traceable to specialty footwear stores and 45% of all fixed costs to drug stores.

How do I figure out the common fixed expenses.

know how well the companys twu uisL Chris Kelly is Shoe Shock's sales manager. Although this statement provides useful information, Chris wants to k (a) Your answer is partially correct. Try again Prepare a segment margin income statement for Shoe Shock's two distribution channels. (if the amount is negative then enter with Total Shoe Shock Specialty Footwear Stores Drug Stores Revenue 3920 491300 Sole inserts 98260 692502549000 Heel inserts 1911750 3040300 Total revenus 2010010 1030290 Less variable expenses 249800 311000 Sole inserts 62200 Heel inserts 1508250 502750 201100o 1570450 751550 2322000 Total variable expenses Contribution margin 439560 278740 71830o 322700 290430 61313 Traceable fixed expenses Segmented margin 116860 (11690) 105170 Common fixed expenses v 471600 Operating incme (540230) LINK TO TEXT