Question
The sales, cost of goods sold, and total operating expenses of departments A and B of Ash Company are as follows: Dept. A Dept. B
The sales, cost of goods sold, and total operating expenses of departments A and B of Ash Company are as follows:
| Dept. A | Dept. B | |
|---|---|---|
| Sales | $200,000 | $160,000 |
| Cost of goods sold | 146,000 | 115,000 |
| Total operating expenses | 31,000 | 22,000 |
Compute the departmental operating income for each department.
| Operating income | |
| Dept. A | $fill in the blank 1 |
| Dept. B | $fill in the blank 2 |
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Auditing And Assurance Services An Integrated Approach
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
18th Edition
0137879199, 9780137879199
