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Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 Region Operating Income Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.

Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 Region Operating Income Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 A Region Operating Income B Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.
Transcribed Image Text:Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 A Region Operating Income B Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.
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