Divisional income statements

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Divisional income statements

The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016:

Cost of goods sold: Service department charges:

  • Commercial Division $912,250 Commercial Division $112,560 Residential Division 423,675 Residential Division 67,830

Administrative expenses: Sales:

  • Commercial Division $149,800 Commercial Division $1,354,500 Residential Division 128,625 Residential Division 743,780
  • Prepare divisional income statements for Jersey Coast Construction Company.

Reference no: EM131125192

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Divisional income statements : The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 2016:
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