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1 West Corporation reported the following consolidated data for 20X2: 20 points Sales Consolidated income before taxes Total assets $1,076,000 143,000 1,350,000 Skipped Data reported
1 West Corporation reported the following consolidated data for 20X2: 20 points Sales Consolidated income before taxes Total assets $1,076,000 143,000 1,350,000 Skipped Data reported for West's four operating divisions are as follows: Division B $160,000 eBook Sales to outsiders Intersegment sales Traceable costs Assets Division A $390,000 82,000 260,000 541,000 Division C $470,000 16,000 305,000 515,000 Division D $56,000 26,000 97,000 90,000 105,000 120,000 Print Intersegment sales are priced at cost, and all goods have been subsequently sold to nonaffiliates. Some joint production costs are allocated to the divisions based on total sales. These joint costs were $60,000 in 20X2. The company's corporate center had $35,000 of general corporate expenses and $135,000 of assets that the chief operating decision maker did not use in making the decision regarding the operating segments. References Required: Each of the following items is unrelated to the others. a. The divisions are industry segments. (1) Prepare a segmental disclosure worksheet for the company. (Do not round your intermediate calculations.) Operating Segments B c D Corporate Admin. Combined Intersegment Eliminations Consolidated $ 0 $ 0 0 0 0 ol 0 0 0 0 0 0 0 0 0 0 0 Revenues: Sales to unaffiliated customers Intersegment sales Total revenue Operating costs: Traceable costs Allocated Segment profit (loss) Other items: General corporate expenses Income from continuing operations Assets: Segment General corporate Total assets 0 0 0 0 0 0 0 0 0 0 0 ol 0 0 0 0 0 0 0 0 0 0 0 $ $ 0 $ os 0 $ 0 0 $ 0 0 $ 0 0 $ 0 (2) Prepare schedules showing which segments are reportable. Segments Revenue Segment Segment Profit Assets A B D
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