The Graham Company produces and markets two product lines: Racquets and Gloves. The following data were gathered in activities during the third quarter. Racquets Gloves Sales in units 1,000 5,000 Sales price per unit $100 $40 Variable production costs per unit $20 $8 Traceable fixed production costs $20,000 $37,000 Variable selling expense per unit $11 $2 Traceable fixed selling expenses $10,000 $23,000 Allocated portion of corporate expenses $6,000 $120,000 Required (10 points) a. Prepare a segmented statement for last quarter, showing both "Amount" and "Percent" columns for the division as a whole and for each product line. b. Discuss the differences between the traceable costs and common costs