Question

Divisional Income Statements

The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8:

Cost of goods sold:				Service department charges:
	Commercial Division	$558,230			Commercial Division	$76,120
	Residential Division	288,930			Residential Division	50,050
Administrative expenses:				Net sales:
	Commercial Division	$101,500			Commercial Division	$845,810
	Residential Division	103,190			Residential Division	515,940

Prepare divisional income statements for DeSalvo Construction Company.

JERSEY COAST CONSTRUCTION COMPANY
Divisional Income Statements
For the Year Ended June 30, 20Y8
	Commercial Division	Residential Division
	$	$
	$	$
	$	$
	$	$

Answer 1

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