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Bobcat Company discloses supplementary operating segment information for its two (2) reportable segments.
Data for 2X21 are as follows:
Segment E Segment W
Sales P750,000 P250,000
Traceable operating expenses 325,000 130,000
Additional 2X21 expenses are as follows:
Indirect operating expenses P120,000
Appropriately selected common indirect operating expenses are allocated to two (2) segments based on each segment's sales ratio to total sales.
Problem a: Open MS Excel and start a new worksheet. Then, compute for the following:
A. Operating profit of Segment E
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