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yeH Hayes Parker Construction has two (2) departments that operate as profit centers supported by five (5) service department
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Hayes Parker Construction
Divisional Income Statement for the year ended December 31 , 20XX
Details Departments
Commercial Residential Total
$ $ $
Sales 1927500 4497500 6425000
Cost of Goods Sold 961250 2487500 3448750
Operating Expenses 644842 783558 1428400
1606092 3271058 4877150
Operating Income 321408 1226442 1547850
Service Department Charges:
Human Resource Department (8:12) 100000 150000
Insurance Department (1400:2600) 5250 9750
Accounting /Business Department (8:12) 4900 7350
Purchase Department (in Sales Proportion) 5400 12600
Warehouse Department (1400:2600) 4725 8775
120275 188475 308750
Net Income 201133 1037967 1239100
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