14-09Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 14-9 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. X-OUT SPORTING GOODS CO. Divisional Income Statements For the Year Ended June 30, 2010 Sales Cost of goods sold Gross profit Divisional sel ing expense Divisional administrative expense Income from operations before service department charges Less service department charges: Advertising expense Transportation expense Accounts receivable col ection expense Warehouse expense Total Income from operations Service Department Charges Total Advertising expense Transportation rate per bil of lading Number of bil s of lading x x Transportation expense Accounts receivable col ection rate Number of sales invoices x x Accounts receivable col ection expense Warehouse rate per square foot Number of square feet x x Warehouse expense Instructions Action Sports Division Team Sports Division Action Sports Division Team Sports Division
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14-09Ex_5e_s - Exercise 14-9 Name: Section: Score: 0%...

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