Jork 1 of 6 (2 complete) - X Data Table ho Atlanta Tool: Statement of Operating Income Total Sales $ 1,424,800 420,000 52,500 472,500 $ 952,300 Cost of goods sold Direct material Indirect production (allocated based on machine hours) Gross profit Selling and administrative expenses Commissions Distribution to warehouses (allocated based on weight in kilograms) Income before unallocated expenses 104,750 260.000 364.750 587 550 Print Done clear All 15 DOLL fog - i Data Table and Scooter Lawn Mower Hand Tool Parts Parts Parts $ 115,000 $ 7,350 145,000 $ 1,950 160,000 1,200 Purchase cost of parts assembled Machine hours Weight of parts shipped to distributors (kilograms) Sales commissions per unit Units assembled and sold Sales price per unit 380,000 160,000 5.50 $ 110,000 0.25 59,000 5.60 1.00 $ 24,000 15.60 $ 12,000 60.00 $ $ Requirement 1. You have been asked to determine operating income (loss) for each product line. Total Parts $ 1,424,800 Sales Cost of goods sold: Direct material $ 420,000 52,500 Indirect production Total cost of goods sold Gross profit Selling and administrative expenses: Commissions 472,500 952,300 $ 104,750 FAM4-B1 (similar to) Atlanta Tool Co. is a supplier that assembles purchased parts into components for three dist period: (Click the icon to view the statement of operating income.) Atlanta Tool uses a traditional cost accounting system. Operating data used in the cost acco (Click the icon to view the operating data.) Requirement 1. You have been asked to determine operating income (loss) for each product line. CUITITIISSIONS TU4,79 Distribution to warehouses 260,000 Total selling and administrative expenses 364,750 Contribution to corporate expenses and profit 587,550 Corporate expenses (unallocated): Corporate salaries 8,000 Other general expenses 11,000 Total unallocated expenses 19,000 $ 568,550 Operating income inter anu numhar in the adidint Jork 1 of 6 (2 complete) - X Data Table ho Atlanta Tool: Statement of Operating Income Total Sales $ 1,424,800 420,000 52,500 472,500 $ 952,300 Cost of goods sold Direct material Indirect production (allocated based on machine hours) Gross profit Selling and administrative expenses Commissions Distribution to warehouses (allocated based on weight in kilograms) Income before unallocated expenses 104,750 260.000 364.750 587 550 Print Done clear All 15 DOLL fog - i Data Table and Scooter Lawn Mower Hand Tool Parts Parts Parts $ 115,000 $ 7,350 145,000 $ 1,950 160,000 1,200 Purchase cost of parts assembled Machine hours Weight of parts shipped to distributors (kilograms) Sales commissions per unit Units assembled and sold Sales price per unit 380,000 160,000 5.50 $ 110,000 0.25 59,000 5.60 1.00 $ 24,000 15.60 $ 12,000 60.00 $ $ Requirement 1. You have been asked to determine operating income (loss) for each product line. Total Parts $ 1,424,800 Sales Cost of goods sold: Direct material $ 420,000 52,500 Indirect production Total cost of goods sold Gross profit Selling and administrative expenses: Commissions 472,500 952,300 $ 104,750 FAM4-B1 (similar to) Atlanta Tool Co. is a supplier that assembles purchased parts into components for three dist period: (Click the icon to view the statement of operating income.) Atlanta Tool uses a traditional cost accounting system. Operating data used in the cost acco (Click the icon to view the operating data.) Requirement 1. You have been asked to determine operating income (loss) for each product line. CUITITIISSIONS TU4,79 Distribution to warehouses 260,000 Total selling and administrative expenses 364,750 Contribution to corporate expenses and profit 587,550 Corporate expenses (unallocated): Corporate salaries 8,000 Other general expenses 11,000 Total unallocated expenses 19,000 $ 568,550 Operating income inter anu numhar in the adidint