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Winter Summer
Sports Sports
Division Division
Sales
Cost of goods sold
Gross profit
Divisional expenses:
Divisional selling expenses
Divisional administrative expenses
Total
Income from operations before service department charges
Less service department charges:
Advertising expense
Transportation expense
Accounts receivable collection expense
Warehouse expense
Total
Income from operations
Supporting schedule:
Winter Summer
Sports Sports
Division Division Total
Advertising expense
Number of bills of lading
Transportation rate per bill of lading
Transportation expense
Number of sales invoices
Accounts recievable collection rate
Accounts receivable collection expense
Number of warehouse square feet
Warehouse rate per square foot
Warehouse expense
Divisional Income Statements
For the Year Ended December 30, 2014
Service Department Charges
[Key code here]
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FULL THROTTLE SPORTING GOODS CO.
Score:
Key Code:
Instructions
Exercise 23(8)-9
Name:
Section:
0%
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Winter Summer
Sports Sports
Division Division
Sales 31,500,000$ 36,400,000$
Cost of goods sold
18,900,000 21,112,000
Supporting schedule:
Winter Summer
Sports Sports
Division Division Total
Advertising expense 611,000$ 746,900$ 1,357,900$
Cells with non-gray backgrounds are protected and cannot be edited.
Exercise 23(8)-9
Name:
Solution
Section:
Service Department Charges
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
For the Year Ended December 30, 2014
FULL THROTTLE SPORTING GOODS CO.
Divisional Income Statements
ON
