Question: The Rivers Co. had four separate operating segments: Blueberry Cherries Gooseberries Grapes Sales to outsider $172,200 $113,400 $133,000 $107,800 Intersegment revenue transfer 43,400 36,400 18,200

The Rivers Co. had four separate operating segments:

Blueberry Cherries Gooseberries Grapes

Sales to outsider $172,200 $113,400 $133,000 $107,800

Intersegment revenue transfer 43,400 36,400 18,200 25,200

What amount of revenues must be generated from one customer before that party must be identified as a major customer?

A. $57,680.

B. $64,960.

C. $52,640.

D. $78,960.

E. $63,560.

Step by Step Solution

★★★★★

3.45 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To determine the amount of revenues that must be generated from one customer before that party must ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (2 attachments)

PDF file Icon

6095a4818e43c_26088.pdf

180 KBs PDF File

Word file Icon

6095a4818e43c_26088.docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

Century Company, a diversified manufacturing company, had four separate operating divisions engaged in the manufacture of products in each of the following areas: food products, health aids,...

Q:

Electronic funds transfer has been identified as a major method of transferring cash for most organizations. Required complete one of the following: a. Describe how electronic commerce and electronic...

Q:

Nottage Company has four separate operating segments What revenue amount must one customer generate before it must be identified as a major customer? a. $39,600 b. $42,200 c. $46,500 d. $49,200 East...

Q:

Hello Finstat. I have really appreciated your help so far. Can you help with the attached? From what I can tell and what the instructor has told us is that this is less involved than the previous...

Q:

I need help with this budget assignment, I have attached the instructions BUSI 523 BUDGET PROPOSAL INSTRUCTIONS Instructions: Complete each part of the following Case Study. You will need to use...

Q:

Healthcare Budget Project. Please see attached instructions BUSI 523 BUDGET PROJECT GRADING RUBRIC Criteria Part 1: Financial Statement Analysis Part 1: Financial Statement Analysis Part 2: Budget...

Q:

Financial fraud is often uncovered by exploring financial statements. This is easier with a public company than a private one, as we will see by studying the fall of health technology cor- poration...

Q:

Financial fraud is often uncovered by exploring financial statements. This is easier with a public company than a private one, as we will see by studying the fall of health technology cor- poration...

Q:

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

Q:

Financial fraud is often uncovered by exploring financial statements. This is easier with a public company than a private one, as we will see by studying the fall of health technology cor- poration...

Q:

Case One During the last eight years John had consistently worked between 49 and 50 hours a week at his medical practice. Nevertheless, within two months of receiving a complaint for divorce from his...

Q:

How the purchases is 107,800 even though it is not given in the problem? Donna Company Cost of Goods Sold Statement For the month of May, 2016 Direct materials used Materials, May 1 Purchases Total...

Q:

8. If merchants arrest suspected shoplift ers, then they risk false imprisonment; but if they do not arrest them, they risk loss of merchandise. Merchants must either arrest or not arrest suspected...

Q:

Strategy, balanced scorecard, Service Company Snyder Corporation is a small information systems consulting firm that specializes in helping companies implement sales-management software. The market...

Q:

The Scottie Sweater Company produces sweaters under the Scottie label. The company buys raw wool and processes it into wool yarn from which the sweaters are woven. One spindle of wool yam is required...

Q:

Life insurance companies require applicants to submit to a physical examination as proof of insurability prior to issuing standard life insurance policies. In contrast, credit card companies offer...

Q:

Manoil Electronics manufactures and sells electronic components to electronics stores. The controller is preparing her annual budget and has asked the sales group to prepare sales estimates. All...

Q:

Strathcona Paper rewards its managers on the basis of the after-tax return on investment of the assets that they managethe higher the reported return on investment, the higher the reward. The company...

Q:

what is the answer Courts with appellate jurisdiction are empowered to determine whether the lower courts have made errors of law using the standard. O A) plenary review B) clearly erroneous O C) de...

Q:

The question above is a duplicate. the question below is the one requested Hello. My name is Michael. Course Hero is asking me to answer your question or assignment, because it falls within my area...

Q:

1. The Rivers Co. had four separate operating segments: Blueberry Cherries Gooseberries Grapes Sales to outsider $172,200 $113,400 $133,000 $107,800 Intersegment revenue transfer 43,400 36,400 18,200...

Q:

The Rivers Co. had four separate operating segments: Blueberries Cherries Gooseberries Grapes Sales to outsiders $ 172,200 $ 163,800 $ 133,000 $ 107,800 Intersegment revenue transfer 43,400 36,400...

Q:

Question 1 You are an audit manager in Thomasson & Co, a firm of Chartered Certified Accountants. You have recently been assigned to the audit of Clean Co for the year ended 30 September 20X8. Clean...

Q:

It is 1 July 20X5. You are an audit manager in Welford & Co, a firm of Chartered Certified Accountants. Your role includes performing post-issuance audit quality reviews, and you have been asked to...

Q:

1-Please help me by doing a two years forecast for balance sheet and income statement? On July 5,2015 , her first day as CEO of Star River Electronics Ltd., Adeline Koh confronted a host of...