Tillman Fabrications has five operating segments, as summarized below:

Required: Determine which of the operating segments of Tillman Fabrications are re-portable segments for the period shown doing all four tests (1) Revenue Test, (2) Asset Test, (3) Operating Profit/Loss Test, and (4) 75% test.

Transcribed Image Text:

Sales to outside entities Intersegment sales Operating Profit Assets Wood 5,200,000 Plastic 1,200,000 Metal 450,000 7,800,000 390,000 4,700,000 -0- (520,000) (590,000) 1,700,000 690,000 880,000 Paper 1,600,000 -0- 190,000 280,000 Fabric 6,300,000 750,000 (960,000) 760,000 Sales to outside entities Intersegment sales Operating Profit Assets Wood 5,200,000 Plastic 1,200,000 Metal 450,000 7,800,000 390,000 4,700,000 -0- (520,000) (590,000) 1,700,000 690,000 880,000 Paper 1,600,000 -0- 190,000 280,000 Fabric 6,300,000 750,000 (960,000) 760,000

Answer rating: 100% (QA)

Tillman only reportable segment is Metal Revenue Test Wood Plastic Metal Pa... View the full answer