Question: Income Statement Month Ending August 31, 2018 Dept. A Dept. B Sales $22,000 $51,000 Cost of goods sold 10,560 26,520 Gross profit $11,440 $24.480 Utility

 Income Statement Month Ending August 31, 2018 Dept. A Dept. B

Income Statement Month Ending August 31, 2018 Dept. A Dept. B Sales $22,000 $51,000 Cost of goods sold 10,560 26,520 Gross profit $11,440 $24.480 Utility expenses 880 3,570 Wages expense 5,280 10,710 Costs allocated from corporate 1,980 14,790 Total expenses $8,140 $29,070 Operating income/(loss) in dollars $3,300 -$4,590 Operating income/(loss) in percentage 15 96 -9 % Assume the market price for the items your department purchase is 15% below what you are being charged by department of Marley's Manufacturing Determine the operating income for department B, assuming department A "sold" department B 1,000 units during the month and department A reduces the selling price to the market price. Round your percentage answer to one decimal place. New operating income/(loss) for department B in dollars New operating Income/(loss) for department B in percentage

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