Question
The centralized computer technology department of Lee Company has expenses of $264,000. The department has provided a total of 2,500 hours of service for the
The centralized computer technology department of Lee Company has expenses of $264,000. The department has provided a total of 2,500 hours of service for the period. The Retail Division has used 1,125 hours of computer technology service during the period, and the Commercial Division has used 1,375 hours of computer technology service. Additional data for the two divisions is following below:
Retail Division Commercial Division Sales$945,000$966,000 Cost of goods sold 504,000559,300 Selling expenses 156,800175,000
Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations.
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