Cengage CengageNOWv2 | Online teaching and learning resource from Cengage Learni

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Cengage CengageNOWv2 | Online teaching and learning resource from Cengage Learning 24-3 Exercises & Problems eBook Calculator 1. EX.24-05.ALGO 2. EX 24-10.ALGO 3. EX.24-15 ALGO Divisional income statements 4. EX.24-02.BLANKSHEET.AL . Amount Descriptions Cost of goods sold Gross profit Income from operations Income from operations before service department charges Sales Selling expenses Service department charges Check My Work 2 more Check My Work uses remaining. Previous Progress: 4/4 items Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading

Explanation / Answer

Commercial Residential Sales 1364500 750060 Less: COGS 912,000 439,875 Gross Profit 452500 310185 Less: Admin expense 149400 129575 Income from operations before service deptt charges 303100 180610 Less: Service deptt. Charges 113760 67830 Income from operations   . 189340 112780

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