P 8-36 Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate 1 Required information (The following information applies to the questions displayed below.) Part 1 of 4 Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): 5 points Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,829 34 632 157 83 159 Blue $ 830 109 397 184 77 105 Segments Green Pink $ 532 $ 327 127 0 420 330 99 110 100 67 79 (104) Black $ 139 34 335 60 32 (82) White $ 117 320 80 49 23 0 Consider the following questions independently. None of the six segments has a primarily financial nature. a. What minimum revenue amount must any one segment generate to be of significant size to require disaggregated disclosure? (Enter your answer in dollars but not in thousands.) Answer is complete but not entirely correct. Minimum revenues $ 440 P 8-36 A Saved Hel 3 Required information (The following information applies to the questions displayed below.) Part 3 of 4 Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): 5 points Skipped Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,829 34 632 157 83 159 Blue $ 830 109 397 184 77 105 Segments Green Pink $ 532 $ 327 127 0 420 330 99 110 100 67 79 (104) Black $ 139 34 335 60 32 White $ 117 320 80 49 23 0 eBook (82) Print References Consider the following questions independently. None of the six segments has a primarily financial nature. c. What volume of revenues must a single customer generate to necessitate disclosing the existence of a major customer? (Enter your answer in dollars but not in thousands.) Volume of revenues P 8-36 A Saved Help Save & E ! 4 Required information [The following information applies to the questions displayed below.) Following is financial information describing the six operating segments that make up Fairfield, Inc. (in thousands): Part 4 of 4 5 points Sales to outside parties Intersegment revenues Salary expense Rent expense Interest expense Income tax expense (savings) Red $1,829 34 632 157 83 159 Blue $ 830 109 397 184 77 105 Segments Green Pink $ 532 $ 327 127 0 420 330 99 110 100 67 79 (104) Black $ 139 34 335 60 32 (82) White $ 117 320 80 49 23 0 Skipped eBook Consider the following questions independently. None of the six segments has a primarily financial nature. Print References d. Now assume each of the six segments has a profit or loss (in thousands) as follows. Based on these figures, which warrants separate disclosure? (Select all that apply.) Red Blue Green Pink Black White $1,092 467 158 (112) (240) 326 P 8-36 i Saved Required information 4 Check All That Apply Part 4 of 4 Red 5 points Skipped Blue eBook Print Green References Pink Black White