Type your questi. Northern Corporation has two major business segments-Eastern and Western. In October, the Eastern business segment had sales revenues of $780,000 and variable expenses of $420,000. During the same month, the Western business segment had sales revenues of $390,000 and variable expenses of $270,000. Traceable fixed expenses totaled $216,000 and were allocated as 60% to Eastern and 40% to Western. Common fixed expenses totaled $265,000.on here
Required: Prepare a segmented income statement in the contribution format for the company.