My Home CereNOWV2 Online teaching and learning from Dar e s eBook Show Me How Calculator Printem Divisional Income Statements with Support Department Allocations Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing. The corporate expenses for the year ended December 31, 2017, are as follows: Tech Services Department $972,000 Purchasing Department 253,500 Other corporate administrative expenses 527,000 Total expense $1,752,500 The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Services Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: Tech Services Purchasing Consumer Division 500 computers 5,900 purchase orders Commercial Division 11,000 Total 810 computers 16,900 purchase orders 310 The support department allocations of the Tech Services Department and the Purchasing Department are considered controllable by the divisions. Corporate administrative expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Consumer Commercial Revenues $8,096,900 $6,223,000 Cost of goods sold 4,498,300 3,142,300 Operating expenses 1,588,200 1,555,600 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 Division Commercial Division Previous Next Check My Work 3 more Check My Work uses remaining. Email Instructor Save and Edt Submit Assignment for Grading C eBook Show Me How Calculator Print item UM DIVISION Us 00 Parcher Commercial Division 310 11,000 Total 810 computers 16,900 purchase orders The support department allocations of the Tech Services Department and the Purchasing Department are considered controllable by the divisions. Corporate administrative expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows: Consumer Commercial Revenues $8,096,900 $6,223,000 Cost of goods sold 4,498,300 3,142,300 Operating expenses 1,588,200 1,555,600 Prepare the divisional income statements for the two divisions. Do not round Horton Technology Divisional Income Statements For the Year Ended December 31, 2017 Consumer Division Commercial Division Operating income before support department allocations Support department allocations: Total support department allocations Previous Next 2 Check My Work 3 mare Check My Work uses remaining Email Instructor Save and El Submit Assignment for Grading
