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Income Statement With Departmental Direct Operating Margin and Total Operating Income Durwood Thomas operates the business Thomas Security that sells security equipment for commercial property
Income Statement With Departmental Direct Operating Margin and Total Operating Income Durwood Thomas operates the business Thomas Security that sells security equipment for commercial property and residential homes. The following information is provided for the year ended December 31, 20-- Commercial Property Residential Homes Net sales $134,200 $465,300 279,000 54,800 Cost of goods sold Direct operating expenses: Advertising expense Store clerks' wages expense Truck drivers' wages expense 20,500 17,900 35,400 30,400 15,500 7,900 15,500 2,850 5,950 3,850 20,700 10,500 Bad debt expense Depreciation expense-delivery equipment Other operating expenses Indirect operating expenses: Store clerks' wages expense Advertising expense Store rent expense Other operating expenses $10,300 14,800 19,600 10,000 Other operating expenses Total indirect operating expenses Operating income 2. Calculate departmental direct operating margin percentages. Round your answers to one decimal place. Commercial property direct operating margin percentage % Residential homes direct operating margin percentage %
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