ASENSO Company and its divisions are engaged solely in manufacturing. The following data pertain to the industries in which operations were conducted for the current year:SegmentIntersegment SalesExternal RevenueA1,000,0005,000,000B1,500,0003,000,000C4,000,0008,000,000D2,000,0002,800,000E200,000900,000What is the minimum amount of revenue to be considered a major customer?1,970,0002,100,0002,840,000920,000

Segment External revenue A 5,000,000 B 3,000,000 C 8,000,000 E 2,800,000…

Answered: ASENSO Company and its divisions are…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.2E: Divisional income statements The following data were summarized from the accounting records for...

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ASENSO Company and its divisions are engaged solely in manufacturing. The following data pertain to the industries in which operations were conducted for the current year:

Segment	Intersegment Sales	External Revenue
A	1,000,000	5,000,000
B	1,500,000	3,000,000
C	4,000,000	8,000,000
D	2,000,000	2,800,000
E	200,000	900,000

What is the minimum amount of revenue to be considered a major customer?

1,970,000
2,100,000
2,840,000
920,000

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