1. For internal decision-making purposes, Crane Corporations operating segments have been identified as follows:

Operating segment Revenue ($) Profit (Loss) ($) Identifiable assets

Food products 323,000 198,000 411,000

Plastic & packaging 113,000 59,000 375,000

Consumer & commercial 45,000 (25,000) 100,000

Health & scientific 86,000 22,000 310,000

Chemicals 33,000 (9,000) 80,000

Total 600,000 245,000 1,276,000

Required:

1. In applying the Profit (loss) test to identify reporting segments, what is the test value for Crane Corporation?
2. Using the "profit (loss)" test, which of Crane's operating segments will also be reporting segments?