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1.
2.
3.
Total
Expenses:
Variable:
Fixed
Total expenses
Income from operations
Divisional Income Statements
For the Year Ended December 31, 2014
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An asterisk (*) will appear to the right of an incorrect entry. Essay answers will not be graded.
Enter a zero in cells you would otherwise leave blank.
1.
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No. When unused capacity exists in the supplying division (the Consumer Division), the use of the
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