Operating Income for Segments Alydar, Inc , manufactures and sells automotive tools through three divisions Eastern, Southern, and International Each division is evaluated as a profit center Data for each division for last year are as follows Eastern Southern International Sales $3,150,000 $987,000 $6,500,000 Cost of goods sold 1,580,000 680,000 4,100,000 Selling and administrative expenses 337,000 280,000 620,000 Alydar, Inc , had corporate administrative expenses equal to $585,000 these were not allocated to the divisions Required 1 Prepare a segmented income statement for Alydar, Inc , for last year Eastern Southern International Total Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses $ Select $ Select $ Select $ Select Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses Select Select Select Select Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses $ Select $ Select $ Select $ Select Corporate administrative expensesCost of goods soldGross profitSalesSelling and administrative expenses Select Select Select Select Cost of goods soldDivision profitGross profitSales $ Select $ Select $ Select $ Select Corporate administrative expensesCost of goods soldGross profitSales Select Operating incomeOperating loss $ Select

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Operating Income for Segments Alydar, Inc., manufactures and sells automotive tools through three divisions: Eastern, Southern, and International. Each division is evaluated as a profit

Operating Income for Segments

Alydar, Inc., manufactures and sells automotive tools through three divisions: Eastern, Southern, and International. Each division is evaluated as a profit center. Data for each division for last year are as follows:

	Eastern	Southern	International
Sales	$3,150,000	$987,000	$6,500,000
Cost of goods sold	1,580,000	680,000	4,100,000
Selling and administrative expenses	337,000	280,000	620,000

Alydar, Inc., had corporate administrative expenses equal to $585,000; these were not allocated to the divisions.

Required:

1. Prepare a segmented income statement for Alydar, Inc., for last year.

	Eastern	Southern	International	Total
Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses	$- Select -	$- Select -	$- Select -	$- Select -
Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses	- Select -	- Select -	- Select -	- Select -
Corporate administrative expensesCost of goods soldDivision profitGross profitSalesSelling and administrative expenses	$- Select -	$- Select -	$- Select -	$- Select -
Corporate administrative expensesCost of goods soldGross profitSalesSelling and administrative expenses	- Select -	- Select -	- Select -	- Select -
Cost of goods soldDivision profitGross profitSales	$- Select -	$- Select -	$- Select -	$- Select -
Corporate administrative expensesCost of goods soldGross profitSales				- Select -
Operating incomeOperating loss				$- Select -