Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
remmylp remmylp
wrote...
Go to Answer
Posts: 116
Rep: 0 0
A year ago
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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 68 times
1 Reply
Replies
Answer verified by a subject expert
desai.sumeet1desai.sumeet1
wrote...
#1
Posts: 138
Rep: 0 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

remmylp Author
wrote...

A year ago
Just got PERFECT on my quiz
deathwing
wrote...

Yesterday
Correct Slight Smile TY
shimyshiguy
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  799 People Browsing
 119 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 152
  
 69
  
 127
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?