Metal Matters operates two departments aluminium and copper. During the year ended 30 June 2025, the
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Metal Matters operates two departments — aluminium and copper. During the year ended 30 June 2025, the company had the following financial results.
In addition, indirect expenses that were not allocated to the departments amounted to $86 000.
Required Prepare a departmental statement of financial performance for the year ended 30 June 2025, based on the departmental gross profit approach. (Use three columns headed aluminium, copper, and total).
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Related Book For
Accounting
ISBN: 9780730382737
11th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
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