FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

9

Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 A Region Operating Income B Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.
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Transcribed Image Text:Using the following data for Ace Guitar Company: A Region Sales Cost of goods sold Selling expenses Support department expenses: Purchasing Payroll accounting $465,500 176,900 111,700 A Region Operating Income B Region Operating Income B Region $864,500 328,500 207,500 $223,400 149,000 Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions.
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Step 1: Define Operational income
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Step 2: The calculation of the operating income is as follows-
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