Show Work For 1 and 2!!

1. Cook Company consists of two divisions, Division C and Division D. In March, the company reported a contribution margin of $50,000 for Division C. Division D had a contribution margin ratio of 30% and sales in Division D were $250,000. Net operating income for the company was $30,000 and traceable fixed expenses for the two divisions totaled $50,000. The company's common fixed expenses were: a. $75,000 b. $45,000. c. $40,000. d. $30,000. 2. Tanner Corporation has two major business segments - East and West. In December, the East business segment had sales revenues of $690,000, variable expenses of $352,000, and traceable fixed expenses of $104,000. During the same month, the West business segment had sales revenues of $140,000, variable expenses of $56,000, and traccable fixed expenses of $24,000. The common fixed expenses totaled $162,000 and were allocated as follows: $89,000 to the East business segment and $73,000 to the West business segment. Using what you learned about segment reporting this semester, the best measure of income to use for evaluating the performance internally of the East Division manager would report segment margin of: a. $352,000. b. $145,000 c. S294,000 d. $234,000. 3. Molina Company sells 20 different products to both commercial and residential customers in 6 different states. In which of the following ways could the company's income statement be segmented? a. by state and then further segmented by product b. by state and then further segmented by customer type c. by product and then further segmented by customer type d. All of the above are correct answers