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12-11 Preparing Segment Performance Reports (LO1 - CC2, 3) Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating
12-11 Preparing Segment Performance Reports (LO1 - CC2, 3) Bharat Curry Foods (BCF) prepares and sells frozen curry dinners. The company reported the following operating results for 2021, in which there were no inventories of dinners at the beginning and end of the year: BHARAT CURRY FOODS Income Statement For the Year Ended December 31, 2021 Sales $ 2,460,000 Cost of goods sold 1,422,000 Gross margin 1,038,000 Selling and administrative expenses 663,000 Operating income $ 375,000 BCF sells two types of curry foodschicken and lamband operates in Ontario and western Canada. Information on sales and costs is as follows: Chicken Lamb Total Regional sales percentage of national sales: and also 2. Prepare, in good form, a segmented performance report for lamb curry dinners by region. (Round "Percentage" answers to 2 decimal places, (i.e., 0.1234 should be considered as 12.34%). Round your answers to nearest dollar amount.)
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