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Corrections to service department charges for a service company Instructions Starting Question Divisional Income Statements...

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Corrections to service department charges for a service company Instructions Starting Question Divisional Income Statements Instructions Wild Sun Airlines inc: Divisional income Statements For the Year Ended December 31, 20Y9 Passenger Division Gargo Division The service department charge rate for the service department costs was based on revenues Because the revenues of the two divions were the same, the service department charges to each divison were also the same The following addithonal infoemation is avallable: Required: a. Does the income from operations for the two divisions accurately measure performance? Fxplain. b. Carrect the divisionat income staternents, wsing the activity bases provided in revising the service department chages. If theve is no arnowit of. af amount is zero, enter 70. Flound your interim calculations to two decimal places and fna/ answer to the netarest dollar aritount, f required

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