Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
thedrunkmind thedrunkmind
wrote...
Go to Answer
Posts: 131
Rep: 0 0
A year ago
Bethel Corporation provided the following income statement for two of its divisions: North and South.

​​NorthSouthTotal
Revenue$50,000$40,000$90,000
Variable expenses​​​
  Product20,000 15,00035,000
  Selling and administrative  15,000   8,000 23,000
Contribution margin15,000 17,00032,000
Less fixed costs  20,000  10,000  30,000
Operating income($ 5,000)$  7,000$    2,000

Required:

The home office allocated common fixed costs of $18,000 to North and $2,000 to South. Prepare a segment margin income statement. Omit the heading.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 75 times
1 Reply
Replies
Answer verified by a subject expert
lampardlampard
wrote...
#1
Posts: 123
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

thedrunkmind Author
wrote...

A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
erimis
wrote...

Yesterday
this is exactly what I needed
derya1234
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1227 People Browsing
 124 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 347
  
 375
  
 231
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 249
Previous poll results: Does a gender wage gap exist in America?