The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Service department charges: Commercial Division $331,840 Commercial Division $45,250 Residential Division 163,310 Residential Division 28,290 Administrative expenses: Net sales: Commercial Division $60,330 Commercial Division $502,790 Residential Division 58,320 Residential Division 291,620 Prepare divisional income statements for DeSalvo Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Division Residential Division $ $ $ $ $ $ $ $
The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Service department charges: Commercial Division $331,840 Commercial Division $45,250 Residential Division 163,310 Residential Division 28,290 Administrative expenses: Net sales: Commercial Division $60,330 Commercial Division $502,790 Residential Division 58,320 Residential Division 291,620 Prepare divisional income statements for DeSalvo Construction Company. JERSEY COAST CONSTRUCTION COMPANY Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Division Residential Division $ $ $ $ $ $ $ $
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.5.1P
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The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:
| Cost of goods sold: | Service department charges: | |||||
| Commercial Division | $331,840 | Commercial Division | $45,250 | |||
| Residential Division | 163,310 | Residential Division | 28,290 | |||
| Administrative expenses: | Net sales: | |||||
| Commercial Division | $60,330 | Commercial Division | $502,790 | |||
| Residential Division | 58,320 | Residential Division | 291,620 |
Prepare divisional income statements for DeSalvo Construction Company.
| JERSEY COAST CONSTRUCTION COMPANY | ||
| Divisional Income Statements | ||
| For the Year Ended June 30, 20Y8 | ||
| Commercial Division | Residential Division | |
| $ | $ | |
| $ | $ | |
| $ | $ | |
| $ | $ |
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