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Divisional Income Statements The following data were summarized from the accounting records for DeSalvo Construction Company for the year ended June 30, 2014: Cost of
Divisional Income Statements
The following data were summarized from the accounting records for DeSalvo Construction Company for the year ended June 30, 2014:
Cost of goods sold: | Service department charges: | |||||
Commercial Division | $411,560 | Commercial Division | $56,120 | |||
Residential Division | 202,540 | Residential Division | 35,080 | |||
Administrative expenses: | Net sales: | |||||
Commercial Division | $74,830 | Commercial Division | $623,580 | |||
Residential Division | 72,340 | Residential Division | 361,680 |
Prepare divisional income statements for DeSalvo Construction Company.
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