The following monthly budgeted data are available for the Baxter Company: 3 Sales Variable expenses as a percentage (%) of sales Traceable fixed expenses Product C Product $660,000 $1,040.000 6096 75% $85 800 $156,000 The budgeted operating income for the month is $32,000. Required: 1. Prepare a segmented income statement, using the contribution approach and proper format. (11 marks). Round percentages to 1 decimal, i.e. 1.5. Enter any losses as a negative number with a minus sign in front, i.e. -10. 2 3 Total Company Product C Product Amount Amount % Amount % 5 5 8 3 2. Calculate the breakeven point in total sales dollars. (2 marks). Round to the nearest dollar following the proper rules for rounding breakeven. 4 5 6 3 3. If the company could spend an additional $60,000 in advertising to promote sales, which product should be promoted and why? (2 marks) 1 Product: Reason