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73 Question 2 - 9 marks 75 Q2. Toronto Corp has to divisions North and South. During the year just ended, the North Division had
73 Question 2 - 9 marks 75 Q2. Toronto Corp has to divisions North and South. During the year just ended, the North Division had a setment 76 margin of $12,000 and variable costs equal to 70 of sales The South Dission had sales of $60.000 and traceable fisted costsere 77 $19.000. The Company as a whole had a contribution martin of 40, a seement margin of $45.000, 78 common costs of $14,000 and sales of $220,000. 79 80 Required: 81 83 82 Carefully analyse the given data above and use it to prepare a segmented income statement (5 and showing the Company totals as well the amounts for the North and South Divisions. (marks) 84 85 Company Total North Division South Division 86 $ % $ D% $ 87 88 89 90 91 92 93 94 95 96 97 198 99 Show anyall workings in here: 100 101 102 103 104 4105 706 107 108 109 110 111
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