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   $ $         $ $         $ $         $ $

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...
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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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