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EX 10-2 Divisional income statements Obj. 3 The following data were summarized from the accounting records for Gonzaga Industries Inc. for the year ended November

EX 10-2 Divisional income statements Obj. 3 The following data were summarized from the accounting records for Gonzaga Industries Inc. for the year ended November 30, 20Y8: Cost of goods sold: Commercial Division Residential Division Administrative expenses: Commercial Division Residential Division $3,550,000 1,655,000 $740,000 389,000 Support department allocations: Commercial Division Residential Division Sales: Commercial Division Residential Division Prepare divisional income statements for Gonzaga Industries Inc. $800,000 200,000 $5,980,000 2,825,000
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EX 10-2 Divisional income statements Obj. 3 The following data were summarized from the accounting records for Gonzaga Industries Inc. for the year ended November 30, 20Y8: Prepare divisional income statements for Gonzaga Industries Inc

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