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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, 2018: Cost of

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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, 2018: Cost of goods sold: Commercial Division $397,610 Residential Division 205,790 Administrative expenses: Commercial Division $72,290 Residential Division 73,500 Support department allocations: Commercial Division $54,220 Residential Division 35,650 Sales: Commercial Division $602,440 Residential Division 367,490 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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