Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. data for june for ozaki corporation and its two ma

Data for June for Ozaki Corporation and its two major business segments, North and South,...

90.2K

Verified Solution

Question

Accounting

Data for June for Ozaki Corporation and its two major business segments, North and South, appear below:

Sales Revenue North $550,000

Variable expenses North $270,000

Traceable Fixed Expenses North $88,000

Sales Revenue South $110,000

Variable Expenses South $47,000

Traceable Fixed Expenses South $21,000

In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: $343,000 $89,000 $(56,000) $234,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

A tire company produced a batch of 6 600 tires that includes exactly 6 430...

Basic Math
1.2K views

Describe a scenario where a researcher could use a Goodness of Fit Test to answer a...

Biology
1.2K views

Please explain briefly about how the protein folding is wrong for the Parkinson's disease and give...

Medical Sciences
1.2K views

BACKGROUND INFORMATION: Vinnie is a professional road cyclist participating in the 2020 Giro d’Italia, a three-week race...

Psychology
1.2K views

Explain why research comparing the IQ of bilinguals and monolinguals during the period of detrimental effects...

Biology
1.2K views

O Print drawings created in word O Print hidden text O Update fields before printing...

Basic Math
1.2K views

Without solving explicitly classify the critical points of the given first order autonomous differential equation...

Calculus
1.2K views

A lighthouse is located 215 feet from the nearest point P on a straight shoreline....

Algebra
1.2K views

Problem 6 10 points Let G 0 Find the minimal possible value of Ax b...

Accounting
1.2K views

Porter, Inc. issued $400,000, 10 year, 10% bonds for $354,200 on January 1, 2022; the...

Accounting
1.2K views

Truskowski Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate...

Accounting
1.2K views

A contribution format income statement classifies costs by a. behavior. b. function. C. constraints. d....