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Divisional income statements with support department allocations Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tec The other corporate administrative

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image text in transcribed Divisional income statements with support department allocations Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tec The other corporate administrative expenses include officers' salaries and other expenses required by the corp Purchasing Department allocates costs to the divisions based on the number of purchase orders for each depa The support department allocations of the Tech Services Department and the Purchasing Department are cons cost of goods sold, and operating expenses for the two divisions are as follows: 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, 20 Y7 Support department allocations

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