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Divisional income statements with support department allocations Horton Technology has two divisions, Consumer and Commercial, and tv The other corporate administrative expenses include officers' salaries
Divisional income statements with support department allocations Horton Technology has two divisions, Consumer and Commercial, and tv The other corporate administrative expenses include officers' salaries an department. The services used by the two divisions are as follows: \begin{tabular}{lrr} \hline Revenues & $10,769,900 & $9,145,300 \\ Cost of goods sold & 5,983,300 & 4,617,900 \\ Operating expenses & 2,112,500 & 2,286,100 \end{tabular} Prepare the divisional income statements for the two divisions. Do not round your interim calculations. Horton Technology Divisional Income Statements For the Year Ended December 31, 20Y7 Consumer Commercial Division Division Line Item Description Operating income before support department allocations Support department allocations: Total support department allocations
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