ndi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists three divisions: (1) financial services, (2) health services, and (3) transportation services. For 2019, it recorded the following data: Sales revenues Financial Services $3,931,000 Variable costs (% of sales) 27% Traceable fixed costs 2,136,000 Health Services $5,269,000 2,697,000 39% Transportation Services $1,952,000 721,400 Total $11,152,000 44% Common fixed costs 5,554,400 1,180,000 Required: 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Exhibit 12-3 as a guide. (Round "Percentage" answers to 2 decimal places.) INDI SERVICES CORPORATION Segment Performance Report Profit Centres Financial Services Health Services Transportation Services Total Company

ndi Services Corporation, headquartered in Bengaluru, India, provides specialized information technology (IT) services and consists three divisions: (1) financial services, (2) health services, and (3) transportation services. For 2019, it recorded the following data: Sales revenues Financial Services $3,931,000 Variable costs (% of sales) 27% Traceable fixed costs 2,136,000 Health Services $5,269,000 2,697,000 39% Transportation Services $1,952,000 721,400 Total $11,152,000 44% Common fixed costs 5,554,400 1,180,000 Required: 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Exhibit 12-3 as a guide. (Round "Percentage" answers to 2 decimal places.) INDI SERVICES CORPORATION Segment Performance Report Profit Centres Financial Services Health Services Transportation Services Total Company

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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