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Divisional Income Statements The following data were summarized from the accounting records for Rulz Industries Inc. for the year ended November 30, 2048: Cost of

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Divisional Income Statements The following data were summarized from the accounting records for Rulz Industries Inc. for the year ended November 30, 2048: Cost of goods sold: Support department allocations: Commercial Division $501,470 Commercial Division $68,380 Residential Division 234,020 Residential Division 40,540 Administrative expenses: Sales: Commercial Division $91,180 Commercial Division $759,800 Residential Division 83,580 Residential Division 417,890 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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