Divisional Income Statements The following data were summarized from the accounting records for DeSalvo Construction...
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Accounting
Divisional Income Statements
The following data were summarized from the accounting records for DeSalvo Construction Company for the year ended June 30, 2014:
| Cost of goods sold: | Service department charges: | |||||
| Commercial Division | $366,820 | Commercial Division | $50,020 | |||
| Residential Division | 171,180 | Residential Division | 29,650 | |||
| Administrative expenses: | Net sales: | |||||
| Commercial Division | $66,690 | Commercial Division | $555,790 | |||
| Residential Division | 61,140 | Residential Division | 305,680 | |||
| Prepare divisional income statements for DeSalvo Construction Company.
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