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Championship Sports Inc. Divisional Income Statements For the Year Ended December 3 1 , 2 0 Y 9 Line Item Description Sales Cost of goods
Championship Sports Inc. Divisional Income Statements For the Year Ended December Y Line Item Description Sales Cost of goods sold Gross profit Divisional selling and administrative expenses: Divisional selling expenses Divisional administrative expenses Total divisional selling and administrative expenses Operating income before support department allocations Support department allocations: Advertising expense Transportation expense Accounts receivable collection expense Warehouse expense Total support department allocations Operating income
Championship Sports Inc.
Divisional Income Statements
For the Year Ended December Y
Line Item Description
Sales
Cost of goods sold
Gross profit
Divisional selling and administrative expenses:
Divisional selling expenses
Divisional administrative expenses
Total divisional selling and administrative expenses
Operating income before support department allocations
Support department allocations:
Advertising expense
Transportation expense
Accounts receivable collection expense
Warehouse expense
Total support department allocations
Operating income
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