Some notes Ex 25.1 Ex 25.2 Classwork Exercise questions 25.1 to 25.7 from the book, starting at page no. 905 Courtney's Cuties Departmental Income Statement Credit Sales - Women's clothing Credit Sales Men's clothing Total Sales Women's Clothing Total Sales Men's Clothing Credit Sales - Women's Clothing - Sales Return Cash Sales - Women's Clothing - Sales Return Credit Sales Men's Clothing - Sales Return Cash Sales - Men's Clothing - Sales Return Inventory and Equipment - Women's Clothing Inventory and Equipment - Men's Clothing Total Insurnace expense Insurance allocation based on book value of inventory and equipment Women's clothing - Insurance Expense Men's clothing - Insurance Expense Total office expense Allocate office expense based on total sales - Total Sales Women's clothing - Office Expense alathin COGS Calculations 1,000,000 300,000 1,200,000 400,000 50,000 500 10,000 2,000 200,000 50,000 25,000 250,000 20,000 5,000 120,000 1,600,000 90,000 20.000 =120,000 * (1,200,000/1,600,000) =120,000* C

Some notes Departmental Income Statement COGS Calculations