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Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B C D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets A B C $ $ $ $ $ $ Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B с D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) B с $ Other $ $ $ $ $ $ $ Totals

Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B C D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets A B C $ $ $ $ $ $ Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B с D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) B с $ Other $ $ $ $ $ $ $ Totals

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management analysis
Section: Chapter Questions
Problem 1MAD
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Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B C D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets A B C $ $ $ $ $ $
Transcribed Image Text:Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B C D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets A B C $ $ $ $ $ $
Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B с D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) B с $ Other $ $ $ $ $ $ $ Totals
Transcribed Image Text:Pearl Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2026. A B с D E Sales revenue $40,700 $74,600 $582,800 $35,000 $55,000 Cost of goods sold 19,100 49,300 273,500 19,000 30,500 Operating expenses 10,000 39,700 239,100 11,800 18,200 Total expenses 29,100 89,000 512,600 30,800 48,700 Operating profit (loss) $11,600 $(14,400) $70,200 $4,200 $6,300 Identifiable assets $34,900 $79,700 $500,000 $64,400 $49,900 Sales of segments B and C included intersegment sales of $20,200 and $99,800, respectively. (a) (b) Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) B с $ Other $ $ $ $ $ $ $ Totals
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