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  3. the following data were summarized from the accoun

The following data were summarized from the accounting records for Jersey Coast Construction Company for...

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Accounting

The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:

Cost of goods sold:
Commercial Division $915,000
Residential Division 452,025
Administrative expenses:
Commercial Division $152,000
Residential Division 129,000
Service department charges:
Commercial Division $112,380
Residential Division 68,400
Sales:
Commercial Division $1,364,500
Residential Division

746,000

Required:

Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

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Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Score: 33/89 Jersey Coast Construction Company Divisional Income Statements For the Year Ended June 30, 20Y8 Commercial Residential Division Division 2 Sales 3 Cost of goods sold 4Gross profit 5 Administrative expenses 6ncome from operations before service department charges 7 Service department charges 8 Income from operations

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