The income statement for Marley's Manufacturing is shown below Marley's Manufacturing Income Statement Month Ending August...
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The income statement for Marley's Manufacturing is shown below Marley's Manufacturing Income Statement Month Ending August 31,2018 Dept.A Dept.B Sales 22, 00050,000 Cost of goods sold 10,340 26,000 Gross profit 11,66024,000 Utility expenses 1,320 3,500 Wages expense 5,720 10,500 Costs allocated from corporate 2,200 15,000 Total expenses 9, 24029,000 Operating income/lossin dollars 2, 4205,000 Operating income/(loss)in percentage 11% 10% place. New operating income/(loss for department B in dollors New operating income/(loss) for department B in percentage Feedback Y Check My Work Check My Work All work saved. The income statement for Marley's Manufacturing is shown below Marley's Manufacturing Income Statement Month Ending August 31,2018 Dept.A Dept.B Sales 22, 00050,000 Cost of goods sold 10,340 26,000 Gross profit 11,66024,000 Utility expenses 1,320 3,500 Wages expense 5,720 10,500 Costs allocated from corporate 2,200 15,000 Total expenses 9, 24029,000 Operating income/lossin dollars 2, 4205,000 Operating income/(loss)in percentage 11% 10% place. New operating income/(loss for department B in dollors New operating income/(loss) for department B in percentage Feedback Y Check My Work Check My Work All work saved.
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To calculate the new operating incomeloss for Department B in dollars you would subtract the total e... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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