The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Red $ 1,832 37 635 160 86 162 Blue $833 112 400 187 Segments 80 108 Green $535 130 423 102 103 82 Pink $330 0 333 113 70 (107) Black $ 142 37 338 63 35 (85) White $ 120 323 83 52 26 0 Interest expense Income tax expense (savings) Consider the following questions independently. None of the six segments have a primarily financial nature. Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Red $ 1,832 37 635 160 86 162 Blue $833 112 400 187 Segments 80 108 Green $535 130 423 102 103 82 Pink $330 0 333 113 70 (107) Black $ 142 37 338 63 35 (85) White $ 120 323 83 52 26 0 Interest expense Income tax expense (savings) Consider the following questions independently. None of the six segments have a primarily financial nature. Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in
thousands):
Sales to outside parties
Intersegment revenues
Salary expense
Rent expense
Red
$ 1,832
37
635
160
Blue
$833
112
400
187
86
162
Segments
80
108
Green
$ 535
130
423
102
103
82
Pink
$ 330
0
333
113
70
(107)
Black
$ 142
37
338
63
35
(85)
White
$120
Interest expense
Income tax expense (savings)
Consider the following questions independently. None of the six segments have a primarily financial nature.
323
83
52
26
0
Required:
a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure?
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