The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:

Cost of goods sold:
Commercial Division	$916,000
Residential Division	445,950
Administrative expenses:
Commercial Division	$150,600
Residential Division	128,800
Service department charges:
Commercial Division	$113,400
Residential Division	68,700
Sales:
Commercial Division	$1,362,000
Residential Division	747,020

Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

Amount Descriptions: Administrative expenses Cost of goods sold Gross profit income from operations Income from operations before service department chargesSalesSelling expensesService department charges Transportation expenses

Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

JERSEY COAST CONSTRUCTION COMPANY

Divisional Income Statements

For the Year Ended June 30, 20Y8

1		Commercial Division	Residential Division
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