1.Using the data below for Ace Guitar Company: Region A Region B Sales$571,500 $698,500 Cost of goods sold217,200 265,400 Selling expenses137,200 167,600 Service department expenses Purchasing $213,400Payroll accounting 142,200 Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place.Region A$Region B$

Answered: 1. Using the data below for Ace Guitar…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.8E: Corrections to service department charges Panda Airlines Inc. has two divisions organized as profit...

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Using the data below for Ace Guitar Company:

	Region A	Region B
Sales	$571,500	$698,500
Cost of goods sold	217,200	265,400
Selling expenses	137,200	167,600

Service department expenses
Purchasing			$213,400
Payroll accounting			142,200

Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place.

Region A	$
Region B	$

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