The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Sales Cost of goods sold Selling expenses Retail Division Commercial Division Operating income $2,150,000 1,300,000 150,000 $1,200,000 800,000 175,000 Determine the divisional operating income for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Operating income Retail Division Commercial Division
The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Sales Cost of goods sold Selling expenses Retail Division Commercial Division Operating income $2,150,000 1,300,000 150,000 $1,200,000 800,000 175,000 Determine the divisional operating income for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Operating income Retail Division Commercial Division
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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