Pina Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. A B C D E Sales revenue $39,500 $74,600 $570,500 $35,300 $55,000 Cost of goods sold 19,100 49,500 264,900 19,100 30,200 Operating expenses 10,200 40,600 235,700 12,100 17,800 Total expenses 29,300 90,100 500,600 31,200 48,000 Operating profit (loss) $10,200 $(15,500) $69,900 $4,100 $7,000 Identifiable assets $34,500 $81,600 $505,400 $65,400 $49,400 Sales of segments B and C included intersegment sales of $20,400 and $99,000, respectively. Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) A B C Other Totals External Revenues $ $ $ $ $ Intersegment Revenues Total Revenues $ Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) $ $ $ $ $ Identifiable Assets $ $ $ $ $
Pina Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021. A B C D E Sales revenue $39,500 $74,600 $570,500 $35,300 $55,000 Cost of goods sold 19,100 49,500 264,900 19,100 30,200 Operating expenses 10,200 40,600 235,700 12,100 17,800 Total expenses 29,300 90,100 500,600 31,200 48,000 Operating profit (loss) $10,200 $(15,500) $69,900 $4,100 $7,000 Identifiable assets $34,500 $81,600 $505,400 $65,400 $49,400 Sales of segments B and C included intersegment sales of $20,400 and $99,000, respectively. Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) A B C Other Totals External Revenues $ $ $ $ $ Intersegment Revenues Total Revenues $ Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) $ $ $ $ $ Identifiable Assets $ $ $ $ $
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 1MAD
Related questions
Question
Pina Corporation is a diversified company that operates in five different industries: A, B, C, D, and E. The following information relating to each segment is available for 2021.
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A
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B
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C
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D
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E
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| Sales revenue | $39,500 | $74,600 | $570,500 | $35,300 | $55,000 | ||||||
| Cost of goods sold | 19,100 | 49,500 | 264,900 | 19,100 | 30,200 | ||||||
| Operating expenses | 10,200 | 40,600 | 235,700 | 12,100 | 17,800 | ||||||
| Total expenses | 29,300 | 90,100 | 500,600 | 31,200 | 48,000 | ||||||
| Operating |
$10,200 | $(15,500) | $69,900 | $4,100 | $7,000 | ||||||
| Identifiable assets | $34,500 | $81,600 | $505,400 | $65,400 | $49,400 |
Sales of segments B and C included intersegment sales of $20,400 and $99,000, respectively.
Prepare the necessary disclosures required by GAAP. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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A
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B
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C
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Other
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Totals
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| External Revenues |
$
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$
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$
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$
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$
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| Intersegment Revenues |
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| Total Revenues |
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$
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| Cost of Goods Sold |
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| Operating Expenses |
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| Total Expenses |
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| Operating Profit (Loss) |
$
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$
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$
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$
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$
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| Identifiable Assets |
$
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$
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$
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$
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$
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