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 $464,820 Commercial Division $63,380 Residential Division 232,690 Residential Division 40,310 Administrative expenses Sales Commercial Division $84,510 Commercial Division $704,270 Residential Division 83,100 Residential Division 415,520 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 Administrative expensesOperating income before support department allocationsSalesSupport department allocations $ Select $ Select Administrative expensesCost of goods soldGross profitSupport department allocations Select Select Gross profitOperating incomeSalesSupport department allocations $ Select $ Select Administrative expensesCost of goods soldGross profitSupport department allocations Select Select Cost of goods soldOperating income before support department allocationsSalesSupport department allocations $ Select $ Select Gross profitLoss from operationsSalesSupport department allocations Select Select Gross profitLoss from operationsOperating incomeOperating income before support department allocations $ Select $ Select

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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 goods sold:			Support department allocations:
	Commercial Division	$464,820		Commercial Division	$63,380
	Residential Division	232,690		Residential Division	40,310
Administrative expenses:			Sales:
	Commercial Division	$84,510		Commercial Division	$704,270
	Residential Division	83,100		Residential Division	415,520

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
Administrative expensesOperating income before support department allocationsSalesSupport department allocations	$- Select -	$- Select -
Administrative expensesCost of goods soldGross profitSupport department allocations	- Select -	- Select -
Gross profitOperating incomeSalesSupport department allocations	$- Select -	$- Select -
Administrative expensesCost of goods soldGross profitSupport department allocations	- Select -	- Select -
Cost of goods soldOperating income before support department allocationsSalesSupport department allocations	$- Select -	$- Select -
Gross profitLoss from operationsSalesSupport department allocations	- Select -	- Select -
Gross profitLoss from operationsOperating incomeOperating income before support department allocations	$- Select -	$- Select -