Revenues Expenses: Salaries Personnel costs Occupancy costs Reimbursement of member costs to local chapters Other membership services Printing and paper Postage and shipping Instructors' fees General and administrative Total expenses Excess of revenues over expenses Membership Magazine Subscriptions Books and Reports Continuing Education Corporate staff $ 3,366,100 972,000 243,000 222,000 The board of directors of Music Teachers, Incorporated, wants a segmented income statement showing the contribution of each segment to the association. The association has four divisions-Membership, Magazine Subscriptions, Books and Reports, and Continuing Education-and gathered the following data: Salaries $ 222,000 158,000 310,000 510,000 600,000 346,000 159,000 a. The 19,800 members of the association pay dues of $100 per year, of which $20 covers a one-year subscription to the Teachers' Forum. Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscriptions Division. b. A total of 3,600 one-year subscriptions to Teachers' Forum were also sold last year to nonmembers and libraries at $36 per subscription. In addition to subscriptions, the journal generated $119,000 in advertising revenues. c. The costs to produce the Teachers' Forum magazine included $7 per subscription for printing and paper and $4 per subscription for postage and shipping. d. A total of 28,900 technical reports and professional texts were sold by the Books and Reports Division at an average selling price per unit of $25. Average costs per publication were $4 for printing and paper and $2 for postage and shipping. e. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2,400 students. A total of 1,880 students took two-day courses at a tuition cost of $125 for each student. Outside instructors were paid to teach some courses. f. Salary costs and space occupied by division follow: 194,000 88.000 74,000 30,000 3,156,000 $ 210,100 Space Occupied (square feet) 3,000 1,000 1,000 2,000 3.000

The board of directors of Music Teachers, Incorporated, wants a segmented income statement showing the contribution of each segment to the association. The association has four divisions - Membership, Mogazine Subseriptions, Books and Roports, and Continuing Education-and gathered the following data: a. The 19,800 members of the association pay dues of $100 per year, of which $20 covers a one-year subscription to the Teachers' Forum. Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscriptions Division. b. A total of 3,600 one-year subscriptions to Teachers' Forym were also sold last year to nonmembers and libraries at $36 per subscription. In addition to subscriptions, the journal generated $119,000 in advertising revenues c. The costs to produce the Teachers' Forum magazine included $7 per subscription for printing and paper and $4 per subscription for postage and shipping. d. A total of 28,900 technical reports and professional texts were sold by the Books and Reports Division at an average selling price per unit of $25. Average costs per publication were $4 for printing and paper and $2 for postage and shipping e. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2,400 students. A total of 1,880 students took two-day courses at a tuition cost of $125 for each student, Outside instructors were paid to teach some courses. f. Salary costs and space occupied by division follow: The board of directors of Music Teachers, Incorporated, wants a segmented income statement showing the contribution of each segment to the association. The association has four divisions - Membership, Mogazine Subseriptions, Books and Roports, and Continuing Education-and gathered the following data: a. The 19,800 members of the association pay dues of $100 per year, of which $20 covers a one-year subscription to the Teachers' Forum. Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscriptions Division. b. A total of 3,600 one-year subscriptions to Teachers' Forym were also sold last year to nonmembers and libraries at $36 per subscription. In addition to subscriptions, the journal generated $119,000 in advertising revenues c. The costs to produce the Teachers' Forum magazine included $7 per subscription for printing and paper and $4 per subscription for postage and shipping. d. A total of 28,900 technical reports and professional texts were sold by the Books and Reports Division at an average selling price per unit of $25. Average costs per publication were $4 for printing and paper and $2 for postage and shipping e. The association offers a variety of continuing education courses to both members and nonmembers. The one-day courses had a tuition cost of $75 each and were attended by 2,400 students. A total of 1,880 students took two-day courses at a tuition cost of $125 for each student, Outside instructors were paid to teach some courses. f. Salary costs and space occupied by division follow