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Divisional Income Statements The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost
Divisional Income Statements
The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:
| Cost of goods sold: | Service department charges: | |||||
| Commercial Division | $912,250 | Commercial Division | $112,560 | |||
| Residential Division | 423,675 | Residential Division | 67,830 | |||
| Administrative expenses: | Net sales: | |||||
| Commercial Division | $149,800 | Commercial Division | $1,354,500 | |||
| Residential Division | 128,625 | Residential Division | 743,780 | |||
Prepare divisional income statements for Jersey Coast Construction Company.
| Jersey Coast Construction Company | ||
| Divisional Income Statements | ||
| For the Year Ended June 30, 20Y8 | ||
| Commercial Division | Residential Division | |
| $ | $ | |
| $ | $ | |
| $ | $ | |
| $ | $ | |
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