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Author Question: Nobles Corporation provided the following income statement for two of its divisions: East and ... (Read 43 times)

effaey

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Nobles Corporation provided the following income statement for two of its divisions: East and West.

EastWestTotal
Revenue$510,000$480,000$990,000
Variable expenses
  Product370,000 260,000630,000
  Selling and administrative  80,000   88,000168,000
Contribution margin60,000 132,000192,000
Less fixed costs  100,000  100,000200,000
Operating income($ 40,000)$  32,000($   8,000)

Required:

The home office allocated common fixed costs of $80,000 to East and $60,000 to West. Prepare a segment margin income statement. Omit the heading.


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Marked as best answer by effaey on Feb 5, 2023

tharris7314

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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effaey

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


DylanD1323

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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