Skyline Division, a unit of Horizon Enterprises, reported the following for the year: Income from operations: $320,000 Service department charges: $500,000 Operating expenses: $3,180,000 What were the revenues for Skyline Division?

Skyline Division, a unit of Horizon Enterprises, reported the following for the year: Income from operations: $320,000 Service department charges: $500,000 Operating expenses: $3,180,000 What were the revenues for Skyline Division?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...

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Question

Please provide the solution to this financial accounting question with accurate financial calculations.

Skyline Division, a unit of Horizon Enterprises, reported the
following for the year:
Income from operations: $320,000
Service department charges: $500,000
Operating expenses: $3,180,000
What were the revenues for Skyline Division?

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