Shown below are responsibility income statements for Butterfield, Inc., for the month of March.

	Investment Centers
	Butterfield, Inc						Division 1						Division 2
	Dollars			%			Dollars			%			Dollars			%
Sales	$	480,000		100.00	%		$	340,000		100	%		$	140,000		100	%
Variable costs		246,000		51.25				204,000		60				42,000		30
Contribution margin	$	234,000		48.75	%		$	136,000		40	%		$	98,000		70	%
Fixed costs traceable to divisions		138,600		28.88				71,400		21				67,200		48
Division responsibility margin	$	95,400		19.88	%		$	64,600		19	%		$	30,800		22	%
Common fixed costs		40,000		8.33
Income from operations	$	55,400		11.54	%

value: 10.00 points Shown below are responsibility income statements for Butterfield, Inc., for the month of March Investment Centers Butterfield, Inc Division 1 Division2 Dollars $340,000 204,000 Dollars $140,000 Dollars Sales Variable costs $480,000 100.00% 246,000 51.25 100% 60 100 % 30 42,000 Contribution margirn Fixed costs traceable to divisions $234,000 48.75% 138,600 28.88 $136,000 71,400 40 % 21 $98,000 67,200 70% 48 Division responsibility margin $95,400 19.88% $64,600 19% $ 30,800 22% Common fixed costs 40,000 8.33 Income from operations $55,400 11.54%