Question

Cambridge Tool Co. is a supplier that assembles purchased parts into components for three distinct markets—scooter parts, lawn mower parts, and hand tool parts. Following is the statement of operating income for the most recent period:


Cambridge Tool uses a traditional cost accounting system. Operating data used in the cost accounting system are as follows:



You have been asked to determine operating income (loss) for each product line. Use a format similar to Exhibit 4-3 on p.130.


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  • CreatedNovember 19, 2014
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