The following is financial information describing the six operating segments that make up Chucktown Sauce thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Red $ 1,836 41 639 164 90 166 Blue $ 837 116 404 191 84 112 Segments Green $ 539 134 427 106 107 86 Pink $ 334 0 337 117 74 (111) Black $ 146 41 342 67 39 (89) White $ 124 327 87 56 30 0 Interest expense Income tax expense (savings) Consider the following questions independently. None of the six segments have a primarily financial nature.
The following is financial information describing the six operating segments that make up Chucktown Sauce thousands): Sales to outside parties Intersegment revenues Salary expense Rent expense Red $ 1,836 41 639 164 90 166 Blue $ 837 116 404 191 84 112 Segments Green $ 539 134 427 106 107 86 Pink $ 334 0 337 117 74 (111) Black $ 146 41 342 67 39 (89) White $ 124 327 87 56 30 0 Interest expense Income tax expense (savings) Consider the following questions independently. None of the six segments have a primarily financial nature.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![!
Required information
[The following information applies to the questions displayed below.]
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
$ 1,836
41
639
164
90
166
Minimum revenue
Blue
$ 837
116
404
191
84
112
Segments
Green Pink
$ 539 $ 334
134
0
427
337
106
117
107
74
86 (111)
Black
$ 146
41
342
67
39
(89)
White
$ 124
327
87
56
30
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?
Note: Enter your answer in dollars but not in thousands.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6fde378-c35b-49e3-9e72-14b2887f05f1%2F4a413839-67c9-45e2-88e5-921fb413b491%2Fn2a8us_processed.png&w=3840&q=75)
Transcribed Image Text:!
Required information
[The following information applies to the questions displayed below.]
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
$ 1,836
41
639
164
90
166
Minimum revenue
Blue
$ 837
116
404
191
84
112
Segments
Green Pink
$ 539 $ 334
134
0
427
337
106
117
107
74
86 (111)
Black
$ 146
41
342
67
39
(89)
White
$ 124
327
87
56
30
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?
Note: Enter your answer in dollars but not in thousands.
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