AAA Company provided the following data for the current year: Segment Total Revenue Total Assets Traceable Expense 1 12 3 نیا 4 5 6 7 1,373,300.00 1,490,000.00 650,000.00 221,500.00 753,100.00 420,850.00 398,700.00 155,050.00 265,800.00 298,000.00 450,000.00 1,117,500.00 350,000.00 521,500.00 250,000.00 670,500.00 155,000.00 559,000.00 120,000.00 459,500.00 145,000.00 Others 841,700.00 471,500.00 450,000.00 Other Information: - 8%, 5%, 8%, 4.50%, 7%, 6%, and 9% of the total revenue of segments 5, 7, others, 2, 4,3 and 1, respectively, are intersegment revenues. - The 'others' category includes eight operating segments, none of which is material nor capable for aggregation, thus, cannot be classified as reportable segment. - Aside from traceable expense, all the segments presented above generated, as a whole, a total of indirect segment expense of P 2,192,400 which are considered by the chief operating decision maker in assessing the segmental performance. Such is proportionately allocated based on the total segmental revenue from all sources. - Operating segments 4 and 7 produce very similar products and use very similar production processes, but serve different customer types and has different product distribution system. These differences are due in part to the fact that Segment 4 operates in a regulated environment while Segment 7 does not. - Operating Segments 3 and 4 have very similar products, production processes, product distribution systems, but are organized as separate divisions since they serve
AAA Company provided the following data for the current year: Segment Total Revenue Total Assets Traceable Expense 1 12 3 نیا 4 5 6 7 1,373,300.00 1,490,000.00 650,000.00 221,500.00 753,100.00 420,850.00 398,700.00 155,050.00 265,800.00 298,000.00 450,000.00 1,117,500.00 350,000.00 521,500.00 250,000.00 670,500.00 155,000.00 559,000.00 120,000.00 459,500.00 145,000.00 Others 841,700.00 471,500.00 450,000.00 Other Information: - 8%, 5%, 8%, 4.50%, 7%, 6%, and 9% of the total revenue of segments 5, 7, others, 2, 4,3 and 1, respectively, are intersegment revenues. - The 'others' category includes eight operating segments, none of which is material nor capable for aggregation, thus, cannot be classified as reportable segment. - Aside from traceable expense, all the segments presented above generated, as a whole, a total of indirect segment expense of P 2,192,400 which are considered by the chief operating decision maker in assessing the segmental performance. Such is proportionately allocated based on the total segmental revenue from all sources. - Operating segments 4 and 7 produce very similar products and use very similar production processes, but serve different customer types and has different product distribution system. These differences are due in part to the fact that Segment 4 operates in a regulated environment while Segment 7 does not. - Operating Segments 3 and 4 have very similar products, production processes, product distribution systems, but are organized as separate divisions since they serve
Chapter7: Losses—deductions And Limitations
Section: Chapter Questions
Problem 88DC
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