Solution-Calculate departmental operating expense

Calculate departmental operating expense

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Reference no: EM132724478

Problem - Alexa Cole owns a business called Alexa's Bakery. She has divided her business into two departments: breads and pastries. The following information is provided for the fiscal year ended June 30, 20--:

	Breads	Pastries
Net sales	$172,000	$119,000
Cost of goods sold	92,400	60,500
Wages expense	30,000	20,000
Advertising expense	11,000	8,000
Other operating expenses	21,000	14,000

Required -

1. Prepare an income statement showing departmental operating income and total operating income.

2. Calculate departmental operating expense and operating income percentages. (Round percentages to one decimal place.)

Reference no: EM132724478

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Calculate departmental operating expense

Reference no: EM132724478

Reference no: EM132724478

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