The following data were summarized from the accounting records for South Seas Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold:     Service department charges:     Commercial Division $551,130     Commercial Division $75,150   Residential Division 280,570     Residential Division 48,600 Administrative expenses:     Sales:     Commercial Division $100,200     Commercial Division $835,040   Residential Division 100,200     Residential Division 501,020 Prepare divisional income statements for South Seas Coast Construction Company. South Seas Coast Construction Company Divisional Income Statements For the Year Ended June 30, 20Y8   Commercial Division Residential Division

Survey of Accounting (Accounting I)
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Chapter14: Decentralized Operations
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Problem 14.2E: Divisional income statements The following data were summarized from the accounting records for...
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Divisional Income Statements

The following data were summarized from the accounting records for South Seas Coast Construction Company for the year ended June 30, 20Y8:

Cost of goods sold:     Service department charges:  
  Commercial Division $551,130     Commercial Division $75,150
  Residential Division 280,570     Residential Division 48,600
Administrative expenses:     Sales:  
  Commercial Division $100,200     Commercial Division $835,040
  Residential Division 100,200     Residential Division 501,020

Prepare divisional income statements for South Seas Coast Construction Company.

South Seas Coast Construction Company
Divisional Income Statements
For the Year Ended June 30, 20Y8
  Commercial
Division
Residential
Division
     
     
     
     
     
     
     
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