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Vulean Company's contribution format income statement for June is as follows: Management is disappointed with the company's performance and is wondering what can be done

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Vulean Company's contribution format income statement for June is as follows: Management is disappointed with the company's performance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following: a. The company is divided into two sales teritories - Northern and Southern. The Northern Territory recorded $400,000 in sales and $200,000 in variable expenses during June; the remaining sales and varlable expenses were recorded in the Southern Temitory Fixed expenses of $156,000 and $145,000 are traceable to the Northem and Southem Teritories, respectively. The rest of the fixed expenses are common to the two territories. b. The company is the exclusive distributor for two products-Paks and Tibs. Sales of Paks and Tibs totaled $190,000 and $210,000. respectively, in the Northern terntory during June. Varable expenses are 29% of the selling price for Paks and 69% for Tibs. Cost records show that $93,100 of the Northern Teritory's fixed expenses are traceable to Paks and $46,200 to Tibs, with the remainder common to the two products Requiled: 13. Prepare contribution format segmented income statements for the total compary broken down between sales territories Requlred: 1-a. Prepare contribution format segmented income statements for the total company broken down between sales territorles. 1-b. Prepare contribution format segmented income statements for the Northern Territory broken down by product line. Complete this question by entering your answers in the tabs below. Prepare contribution format segmented income statements for the Northem Territory broken down by product line. (Round the perc answers to one decimal place (i.e. 1234 should be entered as 12.3 ).) Requlred: 1-a. Prepare contribution format segmented income statements for the total company broken down between sales territories. 1-b. Prepare contribution format segmented income statements for the Northern Territory broken down by product inne. Complete this question by entering your answers in the tabs below. Prepare contribution format segmented income statements for the total company broken down between sales territories. (Round the percentage answers to one decimal place (i.e .1234 should be entered as 12.3).)

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