Using the data below for the Ace Guitar Company:SalesCost of goods soldSelling expensesSupport department expenses:PurchasingPayroll accountingA RegionA Region Operating IncomeB Region Operating Income$544,000206,700130,600B Region$$816,000310,100195,800Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. Forinterim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.$228,500152,300

Income statement: Income statement is the financial statement which shows the financial performance…

Using the data below for the Ace Guitar Company: Sales Cost of goods sold. Selling expenses Support department expenses: Purchasing Payroll accounting A Region A Region Operating Income B Region Operating Income $544,000 206,700 130,600 B Region $816,000 310,100 195,800 $228,500 152,300 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.

Using the data below for the Ace Guitar Company: Sales Cost of goods sold. Selling expenses Support department expenses: Purchasing Payroll accounting A Region A Region Operating Income B Region Operating Income $544,000 206,700 130,600 B Region $816,000 310,100 195,800 $228,500 152,300 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter25: Departmental Accounting

Section: Chapter Questions

Problem 6SEB

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