The following information concerns the operations of Blane Company for the year ended December 31, 2008. Required:
Question:
The following information concerns the operations of Blane Company for the year ended
December 31, 2008.
Required:
Determine the operating profit (loss) for each of Blane’s two segments for2008.
Transcribed Image Text:
(In Thousands of Dollars) General Office Segment Segment $60,000 27,200 12,600 $99,000 35,600 10,800 Net sales (operating revenue) Cost of goods sold Allocable expenses General corporate expenses Payroll dollars Average net book value of tangible capital $15,000 9,200 34,800 18,200 assets and inventories 5,200 70,000 54,500
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Ratio of each segments payroll dollars to total payrol...View the full answer
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