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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 Revenues Operating Expenses Autos
Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information:
Revenues from Outsiders | Intersegment Revenues | Operating Expenses | |||||||||
Autos | $ | 4,009,000 | $ | 109,000 | $ | 3,609,000 | |||||
Trucks | 3,509,000 | 209,000 | 4,009,000 | ||||||||
SUVs | 2,609,000 | 0 | 2,009,000 | ||||||||
Motorcycles | 909,000 | 59,000 | 1,029,000 | ||||||||
The company incurred additional operating expenses (of a general nature) of $1,209,000.
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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