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n/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments& takeAssignmentSessionLocator.assignment-take&r; progress=false eBook Show Me How Calculator Income from Operations for Profit Center The centralized computer tech service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the 1,250 hours of computer technology service. Additional data for the two divisions is following below: nology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of Commercial Division has used Retail Division Commercial Division Sales $2,150,000 Cost of goods sold1,300,000 150,000 $1,200,000 800,000 175,000 Selling expenses Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Income from Operations Retail Division Commercial Division

Explanation / Answer

Divisional income statement :

Retail division Commercial division Sales 2150000 1200000 Less: Cost of goods sold -1300000 -800000 Gross profit 850000 400000 Less: Selling expense -150000 -175000 Division margin 700000 225000 Less: Allocated cost (320000/4000) -220000 -100000 Income from operation 480000 125000

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