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The company has been experiencing losses for many months. In an effort to improve performance, management has requeste the monthly income statement be segmented by

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The company has been experiencing losses for many months. In an effort to improve performance, management has requeste the monthly income statement be segmented by sales region. The company's first effort at preparing a segmented income stal for May is given below. Sales Regional expenses (traceable) Cost of goods sold Advertising Salaries Utilities Depreciation Shipping Total regional expenses Regional income (Loss) before corporate expenses Corporate expenses Advertising general) General d istrative expense Total corporate expenses Net operating income (less) The cost of goods sold and shipping expense are both variable. All other costs are filled Required: 3. Prepare a new contribution format segmented income statement for May. (Round percentage answers to 1 decimal place.) Total Company Amount West Amount Central Amount Amount Total variable expenses 0 000 000 00 Traceable fed expenses Totaltested expenses or 0 000 0 000 000 30 Common f ees Totalcommon foed expense Net operating income (oss) 0 0 0 0 0 0

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