[The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,820 $ 821 $ 523 $ 318 $ 130 $ 108 Intersegment revenues 25 100 118 0 25 311 Salary expense 623 388 411 321 326 71 Rent expense 148 175 90 101 51 40 Interest expense 74 68 91 58 23 14 Income tax expense (savings) 150 96 70 (95) (73) 0 Consider the following questions independently. None of the six segments have a primarily financial nature. Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? Note: Enter your answer in dollars but not in thousands.

[The following information applies to the questions displayed below.] The following is financial information describing the six operating segments that make up Chucktown Sauce Company (in thousands): Segments Red Blue Green Pink Black White Sales to outside parties $ 1,820 $ 821 $ 523 $ 318 $ 130 $ 108 Intersegment revenues 25 100 118 0 25 311 Salary expense 623 388 411 321 326 71 Rent expense 148 175 90 101 51 40 Interest expense 74 68 91 58 23 14 Income tax expense (savings) 150 96 70 (95) (73) 0 Consider the following questions independently. None of the six segments have a primarily financial nature. Required: a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? Note: Enter your answer in dollars but not in thousands.

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter9: Receivables

Section: Chapter Questions

Problem 27E

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