Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 45,000 Variable Costs 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.
Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 45,000 Variable Costs 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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How much is the company's overall income?
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