College Accounting, Chapters 1-9
College Accounting, Chapters 1-9
22nd Edition
ISBN: 9781305667679
Author: James A. Heintz; Robert W. Parry
Publisher: Cengage South-Western
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Chapter 25, Problem 8SPA

INCOME STATE MENT WITH DEPARTMENTAL OPERATING INCOME AND TOTAL OPERATING INCOME Alexa Cole owns a business called Alexa’s Bakery. She has divided her business into two departments: breads and pastries. The following information is provided for the fiscal year ended June 30, 20--:

Chapter 25, Problem 8SPA, INCOME STATE MENT WITH DEPARTMENTAL OPERATING INCOME AND TOTAL OPERATING INCOME Alexa Cole owns a

REQUIRED

1. Prepare an income statement showing departmental operating income and total operating income.

2. Calculate departmental operating expense and operating income percentages.

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College Accounting, Chapters 1-9

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