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Divisional Income Statements The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8: Cost of

Divisional Income Statements

The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8:

Cost of goods sold: Support department allocations:
Commercial Division $528,950 Commercial Division $72,130
Residential Division 273,770 Residential Division 47,420
Administrative expenses: Sales:
Commercial Division $96,170 Commercial Division $801,440
Residential Division 97,780 Residential Division 488,880

Prepare divisional income statements for Ruiz Industries Inc.

Ruiz Industries Inc.
Divisional Income Statements
For the Year Ended November 30, 20Y8
Commercial Division Residential Division
$ $
$ $
$ $
$ $

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