REQUIRED:How much is the company's overall income? Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2:SalesVariable CostsP100,000 P130,00045,00091,000Direct Fixed Costs:Traceable and controllable by the segmentTraceable but not controllable by the segment17,50012,50023,00012,000The company has common costs of P10,000 which are to be divided/allocated equally between the twostores.

Company's Overall Income: The overall income of the company includes all income from all segments.…

Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 45,000 Variable Costs 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.

Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 45,000 Variable Costs 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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