Trevor Company discloses supplementary operating segment information for its three reportable segments. Data for 20X8 are available
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Question:
Trevor Company discloses supplementary operating segment information for its three reportable segments.
Data for 20X8 are available as follows:
Segment A Segment B Segment C
Sales $ 500,000 $ 300,000 $ 200,000
Traceable operating expenses 250,000 120,000 90,000
Allocable costs for the year was $180,000. Allocable costs are assigned based on the ratio of a segment's income before allocable costs to total income before allocable costs. The 20X8 operating profit for Segment B was:
A) $180,000
B) $120,000
C) $126,000
D) $110,000
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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