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Connect X * Accounting Homework Help - Cc x + X O https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... > O . . . ACG4201 Ch 13 i Saved Help Save & Exit Submit Check my work 2 West Corporation reported the following consolidated data for 20X2: 50 Sales $ 801, 000 points Consolidated income before taxes 138, 000 Total assets 1, 300, 000 eBook Data reported for West's four operating divisions are as follows: Print Division A Division B Division C Division D References Sales to outsiders $270, 000 $150, 000 $330, 000 $51, 000 Intersegment sales 62,000 16, 000 21, 000 Traceable costs 255, 000 100,060 300, 000 92,000 Assets 491, 000 115, 000 510, 000 85,000 Intersegment sales are priced at cost, and all goods have been subsequently sold to nonaffiliates. Some joint production costs are allocated to the divisions based on total sales. These joint costs were $45,000 in 20X2. The company's corporate center had $30,000 of general corporate expenses and $130,000 of assets that the chief operating decision maker did not use in making the decision regarding the operating segments. Required: Each of the following items is unrelated to the others. a. The divisions are industry segments. Mc Graw Hill Type here to search O a 12:54 PM 9/26/2020Connect X * Accounting Homework Help - Cc x + X O https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... > O . . . ACG4201 Ch 13 i Saved Help Save & Exit Submit 2 Check my work Operating Segments A B C D Corporate Intersegment Admin. Combined Eliminations Consolidate 50 points Revenues: Sales to unaffiliated customers $ 270,000 $ 150,000 $ 420,000 $ 420,0 Intersegment sales $2,000 62,000 62,0 eBook Total revenue 332,000 150,000 0 0 0 482,000 0 482,0 Print Operating costs: References Traceable costs 255,000) 100,000 355,000 (355,00 Allocated 0 Segment profit (loss) 77,000 50,000 0 0 0 127,000 0 127,0 Other items General corporate expenses 0 Income from continuing operations 77,000 50,000 0 0 0 127,000 0 127,0 Assets Segment 491,000 491,000 491,0 General corporate 0 Total assets $ 491,000 $ 0 $ 0 $ 0 $ 0 $ 491,000 $ $ 491,0 Mc Graw Hill Type here to search O a 12:54 PM 9/26/2020Connect X * Accounting Homework Help - Cc x + X O https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... > O . . . ACG4201 Ch 13 i Saved Help Save & Exit Submit 2 Check my work Operating Segments A B C D Corporate Combined Intersegment Eliminations Consolidated 50 Admin. points unaffiliated customers $ 270,000 $ 150,000 $ 420,000 420,000 ment sales 2,000 62,000 eBook 62,000 ue 332,000 150,000 0 0 0 482,000 0 482,000 Print costs References e costs 255,000) 100,000) 355,000) 355,000) 0 0 rofit (loss) 77,000 50,000 0 0 0 127,000 0 127,000 corporate expenses 0 0 n continuing operations 77,000 50,000 0 0 0 127,000 0 127,000 191,000 491,000 491,000 corporate 0 0 5 $ 491,000 $ 0 $ 0 $ 0 $ 0 $ 491,000 $ 0 $ 491,000 Mc Graw Hill Type here to search O a 12:54 PM 9/26/2020Connect X * Accounting Homework Help - Cc x + X O https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... > O . . . ACG4201 Ch 13 1 Saved Help Save & Exit Submit Check my work 2 50 points b. Assume that each division operates in an individual geographic area, Division A is in the domestic area, and each of the other divisions operates in a separate foreign country. Assume that one-half of the assets in each geographic area represents long-lived, eBook productive assets as defined in ASC 280. Prepare schedules showing which geographic areas are reportable using a 10 percent Print materiality threshold. References Country Revenue Long-Lived Assets A Domestic Yes Yes B Foreign Yes No C Foreign Yes Yes D Foreign Yes No $ 0 Mc Graw Hill Education Type here to search O a 12:55 PM 9/26/2020Connect X * Accounting Homework Help - Cc x + X O https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fne... > O . . . ACG4201 Ch 13 i Saved Help Save & Exit Submit 2 Check my work D Foreign Yes No $ 0 50 points eBook Print References the criteria of ASC 280. c. Determine the amount of sales to an outside customer that would cause that customer to be classified as a major customer under Amount of sales Mc Graw Hill Education Type here to search O a 12:55 PM 9/26/2020