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Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (s), and West (W) regions, as
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (s), and West (W) regions, as profit centers. The chief executive office The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues-N Region $851,800 Revenues-S Region 1,054,900 Revenues-W Region 1,814,300 Operating Expenses-N Region 539,800 Operating Expenses- Region 627,800 Operating Expenses-W Region 1,097,200 Corporate Expenses-Dispatching 414,000 Corporate Expenses-Equipment Management 225,700 Corporate Expenses --Treasurer's 129,600 General Corporate Officers' Salaries 286.100 The company operates three service departments: the Dispatching Department, the Equipment Management Department, and the Treasurer's Department The Equipment Management Department manages the railroad cars inventories. It makes sure the right freight cars are at the right place at the right time The following additional information has been gathered: North South West Number of scheduled trains 4.500 5,400 8,100 Number of railroad cars in Inventory 900 1,500 1,300 Required:
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