Income Satement | |||
Northwest Division (a) | Pacific Division (b) | Overall Company (a + b) | |
Sales | $1,155,000 | $1,204,000 | $2,359,000 |
Less: Cost of Goods Sold | ($590,800) | ($658,000) | ($1,248,800) |
Gross Margin | $564,200 | $546,000 | $1,110,200 |
Less: Selling Expenses | ($231,000) | ($252,000) | ($483,000) |
Net Operating Income | $333,200 | $294,000 | $627,200 |
Income from operations for profit center Amount Descnptions Divisional Income Statements The centralized employee travel department...
The centralized employee Travel Department of Johnson Company has expenses of $364,800. The department has serviced a total of 19,200 travel reservations for the period. The Northeast Division has made 14,400 reservations during the period, and the Pacific Division has made 4,800 reservations. How much should each division be charged for travel services? Do not round interim calculations. Northeast Division $ Pacific Division $ Campbell Company has income from operations of $53,768, invested assets of $188,000, and sales of $488,800....
Income from operations for profit center Amount Destions Divisional income Statements The centralized computer og department of Lee Company has expenses of 264 000. The department has provided a total of 2.500 hours of service the period. The Real Division 1.125 hours of computer schg ervice during the period, and the Commercial Division has used 1.5 hours of computer technology Service Real Division Comm i sion Cast of poodi sold Being wenses 504,000 155,800 be the data provided to d...
Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Retail Division Commercial Division Sales $2,150,000 $1,200,000 Cost of goods sold 1,300,000 800,000...
Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Retail Division Commercial Division Sales $2,150,000 1,300,000 150,000 $1,200,000 800,000 Cost of goods...