Question
The centralized employee travel department of Camtro Company has expenses of $528,000. The department has serviced a total of 6,000 travel reservations for the period.
The centralized employee travel department of Camtro Company has expenses of $528,000. The department has serviced a total of 6,000 travel reservations for the period. The Northeast Division has made 2,400 reservations during the period, and the Pacific Division has made 3,600 reservations.
Northeast Division | Pacific Division | |
Sales | $1,155,000 | $1,204,000 |
Cost of goods sold | 590,800 | 658,000 |
Selling expenses | 231,000 | 252,000 |
Use the data provided to determine the divisional income from operations for the Northeast and Pacific divisions. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
Amount Descriptions | |
Cost of goods sold | |
Gross profit | |
Income from operations | |
Income from operations before service department charges | |
Operating expenses | |
Sales | |
Selling expenses | |
Service department charges | |
Supervisory salaries |
Use the data provided to determine the divisional income from operations for the Northeast and Pacific divisions. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.
Camtro Company |
Divisional Income Statements |
For the Year Ended June 30, 2016 |
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| Northeast Division | Pacific Division |
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