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Buckeye Department Stores, Inc. operates a chain of department stores in Ohio. The companys organization chart appears below. Operating data for 20x1 follow. BUCKEYE DEPARTMENT

Buckeye Department Stores, Inc. operates a chain of department stores in Ohio. The companys organization chart appears below. Operating data for 20x1 follow.

BUCKEYE DEPARTMENT STORES, INC.
Operating Data for 20x1
(in thousands)
Columbus Division
Olentangy Store Scioto Store Downtown Store Cleveland Division (total for all stores)
Sales revenue $ 5,000 $ 2,500 $ 12,000 $ 22,000
Variable expenses:
Cost of merchandise sold 3,000 2,100 6,000 13,000
Sales personnelsalaries 500 310 760 1,700
Sales commissions 60 50 90 220
Utilities 80 70 160 320
Other 70 35 130 270
Fixed expenses:
Depreciationbuildings 130 90 260 480
Depreciationfurnishings 90 50 150 310
Computing and billing 40 30 75 180
Warehouse 80 70 210 460
Insurance 40 25 90 220
Property taxes 35 20 80 190
Supervisory salaries 160 110 410 910
Security 30 30 80 230

The following fixed expenses are controllable at the divisional level: depreciationfurnishings, computing and billing, warehouse, insurance, and security. In addition to these expenses, each division annually incurs $60,000 of computing costs, which are not allocated to individual stores.

The following fixed expenses are controllable only at the company level: depreciationbuilding, property taxes, and supervisory salaries. In addition to these expenses, each division incurs costs for supervisory salaries of $110,000, which are not allocated to individual stores.

Buckeye Department Stores incurs common fixed expenses of $130,000, which are not allocated to the two divisions. Income-tax expense for 20x1 is $2,050,000.

Required:

  1. Prepare a segmented income statement for Buckeye Department Stores, Inc. Please fill in the chart I provided below, thank you!

Prepare a segmented income statement for Buckeye Department Stores, Inc. (Enter your answers in thousands.)

Segments of Company Segments of Columbus Division
Buckeye Department Stores, Inc. Cleveland Division Columbus Division Olentangy Store Scioto Store Downtown Store Not Allocated
Sales revenue
Variable operating expenses:
Cost of merchandise sold
Sales personnelsalaries
Sales commissions
Other
Total variable expenses $0 $0 $0 $0 $0 $0 $0
Segment contribution margin $0 $0 $0 $0 $0 $0 $0
Fixed expenses controllable by segment manager:
Computing and billing
Depreciationfurnishings
Insurance
Security
Total $0 $0 $0 $0 $0 $0 $0
Profit margin controllable by segment manager $0 $0 $0 $0 $0 $0 $0
Fixed expenses, traceable to segment, but controllable by others:
Depreciationbuildings
Property taxes
Total $0 $0 $0 $0 $0 $0 $0
Profit margin traceable to segment $0 $0 $0 $0 $0 $0 $0
Common fixed expenses
Income before taxes $0
Income tax expense
Net income $0

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