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Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residential. The...

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Accounting

Toxaway Company is a merchandiser that segments its business into two divisions-Commercial and Residential. The company's accounting intern was asked to prepare segmented income statements that the company's divisional managers could use to calculat their break-even points and make decisions. She took the prior month's companywide income statement and prepared the absorptior format segmented income statement shown below:
\table[[,Total,,],[Sales,Company,Commercial,Residential],[Cost of goods sold,$75,000,$250,000,$500,000
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