Question
18.Grass Company discloses supplemental operating segment information.The following information is available for the current year: SEGMENTSALESTRACEABLE EXPENSES X1,000,000600,000 Y800,000500,000 Z600,000350,000 Additional expenses, not included above
18.Grass Company discloses supplemental operating segment information.The following information is available for the current year:
SEGMENTSALESTRACEABLE EXPENSES
X1,000,000600,000
Y800,000500,000
Z600,000350,000
Additional expenses, not included above are as follows:
Indirect segment expenses360,000
General administrative expenses240,000
Appropriate common expenses are allocated to segments based on the ratio of a segment sales to total sales.What is segment Z's operating profit?
19.Maurice Company provided the following information for the first quarter:
Depreciation Expense for the calendar year450,000
Year-End bonuses to employees300,000
Loss on inventorywritedown200,000
Property Taxes for the calendar year500,000
Ordinary Repairs to Equipment150,000
Loss from typhoon250,000
Insurance for the calendar year350,000
Advertising of a new product400,000
What total amount of expenses should be reported in the first quarter?
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