Acct301

Week 5: Homework Saved Help Save & Exit Sub Check my work 5 JORDAN COMPANY Income Statements for the Year 2018 Segment Sales $ 165,000 $ 248, 080 $ 246,000 5 Cost of goods sold (128,600) (90,080) (86,000 points Sales commissions (16,800) (27,080) (27,060) Contribution margin 21,090 131,000 133,600 General fixed operating expenses (allocation of president's salary) 41,600) (50,080) (34, 050) Advertising expense (specific to individual divisions) (7,080) (11, 080) Net income $ (27,080) $ 70,080 99 080 :50o Required Ask a. Prepare a schedule of relevant sales and costs for Segment A b. Prepare comparative Income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) Print the elimination of Segment A. References Complete this question by entering your answers in the tabs below. Required A Required B Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. JORDAN COMPANY Comparative Income Statements for the Year 2018 Decision Keep Seg A Eliminate Seg. A Sales Cost of goods sold Sales commissions Contribution margin General fixed operating expenses Advertising expense Net Income