A company has two divisions, A and B, with the following data:DivisionRevenueCostsA$500,000$300,000B$400,000$250,000Requirements:(a) Prepare the segment...

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Accounting

A company has two divisions, A and B, with the following data:

Division

Revenue

Costs

A

$500,000

$300,000

B

$400,000

$250,000

Requirements:

(a) Prepare the segment income statement. (b) Calculate the segment margin for each division. (c) Analyze the performance of each division. (d) Discuss the principles of responsibility accounting.

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