Steinman Co. has two divisions, North America and Europe. Sales in the prior quarter were $3,800,000 and $2,100,000 in North America and Europe, respectively. Variable expenses are 60% of sales in both regions. The company had $2,300,000 in fixed costs with $900,000 being attributable to the North American operations, $1,000,000 being attributable to Europe and the balance being common costs.

Prepare a Segmented Performance Report for Steinman Co. Should Steinman drop one of the divisions