Shown as follows are responsibility income statements for Butterfield, Inc., for the month of March Sales Variable costs Contribution margin Fixed costs traceable to divisions Division responsibility margin Common fixed costs Income from operations Investment Centers Butterfield, Inc Division 1 Division 2 Dollars Dollars % Dollars $ 450,000 180.00% $ 320,000 100% $ 130,000 100% 231,000 51.33 192,000 60 39,800 30 $ 219,000 48.67% $ 128,000 40% $ 91,000 70% 129,600 28.80 67,200 21 62,400 48 $ 89,400 19.87% $ 60,800 19% $ 28,600 22% 40,000 8.89 $ 49,400 10.98% Sales Variable costs Contribution margin Fixed costs traceable to products Product responsibility margin Common fixed costs Responsibility margin for division Profit Centers Division 1 Product A Products Dollars * Dollars * Dollars $ 320,000 100% $ 128,000 100.00% $ 192,000 100.00% 192,000 60 57,600 45.00 134,400 70.00 $ 128,000 40% $ 70,400 55.00% 5 57,600 30.00x 44,500 14 13,440 10.50 31, 360 16.33 5 83,200 265 $ 56,960 44.50% $ 26,240 13.67% 22,400 7 $ 60,800 19% Required A Required E Prepare an income statement for Butterfield, Inc., by division, under the assumption that in April the monthly sales in Division 2 increas $150,000. (Round your percentage answers to 2 decimal place (I.. 0.1234 should be considered as 12.34%).) BUTTERFIELD, INC. Responsibility Income Statement For April Butterfield, Inc. Division 1 Division 2 Dollars Percent Dollars Percent Dollars Percent Sales % % Variable costs % % % $ 0 0.00% $ 0 0.001% $ 0 0.00% % % "S $ 0 0.00% $ 0 0.001% $ 0 0.00% % $ 0 0.00%