Buckeye Department Stores, Inc., operates a chain of department stores in Ohio. The company's organization chart appears below. Operating data for 20x1 follow. Buckeye Department Stores Columbus Division Cleveland Division Olentangy Store Scioto Store Downtown Store Individual Stores BUCKEYE DEPARTMENT STORES, INC. Operating Data for 20x1 (in thousands) Columbus Division olentangy Scioto Store Store Downtown Store $ 5,000 $ 2,600 $10,000 Cleveland Division (all stores) $ 25,000 3,000 500 60 80 70 2,200 330 50 70 25 5,000 750 80 180 150 11,000 1,500 230 310 280 Sales revenue Variable expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Fixed expenses: Depreciation-buildings Depreciation-furnishings Computing and billing Warehouse Insurance Property taxes Supervisory salaries Security 160 70 30 60 30 25 150 40 80 40 40 70 35 30 120 40 250 170 95 200 80 70 400 70 470 320 190 450 230 200 950 240 Prepare a segmented income statement for Buckeye Department Stores, Inc. (Enter your answers in thousands.) Buckeye Department Stores, Inc. Segments of Company Segments of Columbus Division Cleveland Columbus Olentangy Downtown Scioto Store Not Division Division Store Store Allocated 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ $ 0 $ 0 Sales revenue Variable operating expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Total variable expenses Segment contribution margin Fixed expenses controllable by segment manager: Depreciationfurnishings Computing and billing Warehouse Insurance Security Total Profit margin controllable by segment manager Fixed expenses, traceable to segment, but controllable by others: Depreciation-buildings Property taxes Supervisory salaries Total Profit margin traceable to segment Common fixed expenses Income before taxes Income tax expense Net income $ 0 $ $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ $ $ 0 $ 0 $ $ 0 0 $ 0 0 0 $ 0 $ $ AA 0 $ 0 $ $ $ $ 0 0 0 0 $ 0 $ 0 0 Buckeye Department Stores, Inc., operates a chain of department stores in Ohio. The company's organization chart appears below. Operating data for 20x1 follow. Buckeye Department Stores Columbus Division Cleveland Division Olentangy Store Scioto Store Downtown Store Individual Stores BUCKEYE DEPARTMENT STORES, INC. Operating Data for 20x1 (in thousands) Columbus Division olentangy Scioto Store Store Downtown Store $ 5,000 $ 2,600 $10,000 Cleveland Division (all stores) $ 25,000 3,000 500 60 80 70 2,200 330 50 70 25 5,000 750 80 180 150 11,000 1,500 230 310 280 Sales revenue Variable expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Fixed expenses: Depreciation-buildings Depreciation-furnishings Computing and billing Warehouse Insurance Property taxes Supervisory salaries Security 160 70 30 60 30 25 150 40 80 40 40 70 35 30 120 40 250 170 95 200 80 70 400 70 470 320 190 450 230 200 950 240 Prepare a segmented income statement for Buckeye Department Stores, Inc. (Enter your answers in thousands.) Buckeye Department Stores, Inc. Segments of Company Segments of Columbus Division Cleveland Columbus Olentangy Downtown Scioto Store Not Division Division Store Store Allocated 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ $ 0 $ 0 Sales revenue Variable operating expenses: Cost of merchandise sold Sales personnel-salaries Sales commissions Utilities Other Total variable expenses Segment contribution margin Fixed expenses controllable by segment manager: Depreciationfurnishings Computing and billing Warehouse Insurance Security Total Profit margin controllable by segment manager Fixed expenses, traceable to segment, but controllable by others: Depreciation-buildings Property taxes Supervisory salaries Total Profit margin traceable to segment Common fixed expenses Income before taxes Income tax expense Net income $ 0 $ $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ $ $ 0 $ 0 $ $ 0 0 $ 0 0 0 $ 0 $ $ AA 0 $ 0 $ $ $ $ 0 0 0 0 $ 0 $ 0 0
