Data for September for Mossman Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $319,000 and were allocated as follows: $160,000 to the North business segment and $159,000 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) $673,000
B) $523,000
C) -$115,000
D) $204,000

Question

Data for September for Mossman Corporation and its two major business segments, North and South, appear below:  In addition, common fixed expenses totaled $319,000 and were allocated as follows: $160,000 to the North business segment and $159,000 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) $673,000 
B) $523,000 
C) -$115,000 
D) $204,000

Quizplus · Accepted Answer

The Answer of Data for September for Mossman Corporation and its two major business segments, North and South, appear below:  In addition, common fixed expenses totaled $319,000 and were allocated as follows: $160,000 to the North business segment and $159,000 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) $673,000 
B) $523,000 
C) -$115,000 
D) $204,000

Data for September for Mossman Corporation and Its Two Major