What is the Segment Y profit or loss that is required to be disclosed?

What is the total expense required to be disclosed?

What is the Segment X profit or loss that is required to be disclosed?

Congo Company does business in several different industries. The condensed income statement for the entire entity for the current year is as follows: Sales 00,000,000 Cost of goods sold 123,000,000! Gross Income 32,000,000 Expenses {14,000,000} Depreciation [4,000,000] Income tax expense {4 000 00-01 Net Income m The entity has two major reportable segments, X and Y. An analysis reveals that MW of the total depreciation expense and P2.000,000 of the expenses are related to general corporate activities. The chief operating decision maker allocates income tax expense to reportable segments as a measure of prot or loss. The expenses and sales are clirectljlr allocable to segment activities according to the following percentages: Segment X Segment Y Others Sales 40% 45% 15% lt'jost of goods sold 35 50 15 Expenses 40 40 20 Depreciation 40 45 15 Income tax expense 50 40 10