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Other Fields Homework Help Accounting Topic started by: remmylp on Jan 29, 2023



Title: Nobles Corporation provided the following income statement for two of its divisions: East and ...
Post by: remmylp on Jan 29, 2023
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.


Title: Nobles Corporation provided the following income statement for two of its divisions: East and ...
Post by: desai.sumeet1 on Jan 29, 2023
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