=+b. Compose a memo to Dana Johnson, vice president of production for Iliad Company, explaining the performance of the production division for April.

The following data were summarized from the accounting records for DeSalvo Construction Company for the year ended June 30, 2010:

Cost of goods sold: Service department charges:

Residential Division $415,200 Residential Division $ 56,400 Industrial Division 206,350 Industrial Division 35,480 Administrative expenses: Net sales:

Residential Division $ 74,500 Residential Division $625,000 Industrial Division 72,400 Industrial Division 367,500