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Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information: Revenues from Outsiders Intersegment Transfers Operating Expenses Autos
Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information:
Revenues from Outsiders | Intersegment Transfers | Operating Expenses | |||||||||
Autos | $ | 4,007,000 | $ | 107,000 | $ | 3,607,000 | |||||
Trucks | 3,507,000 | 207,000 | 4,007,000 | ||||||||
SUVs | 2,607,000 | 0 | 2,007,000 | ||||||||
Motorcycles | 907,000 | 57,000 | 1,027,000 | ||||||||
The company incurred additional operating expenses (of a general nature) of $1,207,000.
What is the profit or loss of each of these segments?
Perform the profit or loss test to determine which of these segments is separately reportable.
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