Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)$(56,000)
B)$89,000
C)$343,000
D)$234,000

Question

Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)$(56,000) 
B)$89,000 
C)$343,000 
D)$234,000

Quizplus · Accepted Answer

The Answer of Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment.
-A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)$(56,000) 
B)$89,000 
C)$343,000 
D)$234,000

Data for June for Ozaki Corporation and Its Two Major