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The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended December 31: Required: Calculate: (a) The gross

The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended December 31:

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Required:

Calculate:

(a) The gross profit for the Dalmatian Division.
$______?____________

(b) The income from operations from the Dalmatian Division.
$__________?____________

(c) The gross profit for the Beagle Division.
$____?__________________

(d) The income from operations from the Beagle Division.
$_______?_______________

(e) The net income for the Buddy Corporation.
$_____?___________
Beagle Dalmatian Corporate Division Division Total Cost of goods sold Direct operating expenses Net sales Interest expense General overhead Income tax $47,200 $30,270 20,400 99,000 87,000 27,000 $2,040 18,160 4,700

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