The following information concerns the operations of Blane Company for the year ended December 31, 2019. Required:
Question:
The following information concerns the operations of Blane Company for the year ended December 31, 2019.
Required:
Determine the operating profit (loss) for each of Blane?s two segments for 2019.
Transcribed Image Text:
(In Thousands of Dollars) Segment General Segment Office Net sales (operating revenue) Cost of goods sold Allocable expenses General corporate expenses Payroll dollars Average net book value of tangible capital assets and inventories $60,000 27,200 12,600 $99,000 35,600 10,800 $15,000 9,200 34,800 18,200 54,500 5,200 70,000
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