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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: $391,500 186,020
Divisional Income Statements The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 2018: $391,500 186,020 $53,390 32,220 Cost of goods sold: Commercial Division Residential Division Administrative expenses: Commercial Division Residential Division Support department allocations: Commercial Division Residential Division Sales: Commercial Division Residential Division $71,180 66,440 $593,180 332,180 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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