Question: Using the below data from the Terrace Industries and after you allocate service department expenses proportional to the sales of each district, determine (A) the

Using the below data from the Terrace Industries and after you allocate service department expenses proportional to the sales of each district, determine (A) the divisional gross profit and income from operations for Districts 1 & 2 and the (D) rate of return (ROI) on investments including (B) profit m and (C) investment turnover. B-Inc fim Optns/ Sales C- Sales/ Invested Assets D-B District 1 District 2 $600,000 240,000 Total Sales Cost of goods sold (A) Gross Profit Selling expenses Service department expenses: $300,000 120,000 55,000 75,000 Purchasing $75,000 90,000 Payroll accounting A) Division income from optns Invested Assets (B) ROI- Profit Margin C) ROI-Investment Turnover $2,000,000 $2,000,000 D) Total ROI

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