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The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8: Cost of goods sold:

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The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8: Cost of goods sold: Support department allocations: Commercial Division $364,950 Commercial Division Residential Division 179,600 Residential Division $49,770 31,110 Administrative expenses: Sales: Commercial Division $66,360 Commercial Division $552,960 Residential Division 64,140 Residential Division 320,720 Prepare divisional income statements for Ruiz Industries Inc. Ruiz Industries Inc. Divisional Income Statements For the Year Ended November 30, 20Y8 Commercial Division Residential Division

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