The following data were summarized from the accounting records for Statham Construction Company for the year ended
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The following data were summarized from the accounting records for Statham Construction Company for the year ended November 30, 2012.
Prepare divisional income statements for Statham ConstructionCompany.
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Cost of goods sold: Service department charges: Residential Division Industrial Division 100,000 200,000 Residential Division Industrial Division Administrative expenses Residential Division Industrial Division $1,450,000 3,450,000 Net sales: 175,000 480,000 Residential Division Industrial Division $2,300,000 5,750,000
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