Alexa Cole owns a business called Alexa's Bakery. She has divided her business into two departments: breads
Question:
Alexa Cole owns a business called Alexa's Bakery. She has divided her business into two departments: breads and pastries. The following information is provided for the fiscal year ended June 30, 20--:
REQUIRED
1. Prepare an income statement showing departmental operating income and total operating income.
2. Calculate departmental operating expense and operating income percentages. (Round percentages to one decimal place.)
Transcribed Image Text:
Breads Pastrics Net salcs Cost of goods sold Wages expense Advertising expensc Other operating expenses $172,000 92,400 30,000 11,000 21,000 $119,000 60,500 20,000 8,000 14,000
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