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Divisional income statements Instructions Instructions Amount Descriptions Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company

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Divisional income statements Instructions Instructions Amount Descriptions Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Commercial Division $914,750 Residential Division 445,275 Administrative expenses: Commercial Division $149,800 Residential Division 128,625 Service department charges: Commercial Division Residential Division $113,500 67,890 Sales: Commercial Division $1,356,500 Residential Division 745,080 Required: Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. X

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