Reference no: EM132861497
Problem - The following infromation concerns the operations of Blance Company for the year ended December 31, 2014.
General Office Segment A Segment B
Net Sales $60,000 $99,000
Cost of goods sold $27,200 $35,600
Allocable expenses $12,600 $10,800
General corporate expenses $15,000
Payroll dollars $9,200 $34,800 $18,200
Average net book value of tangible capital assets and inventories $5,200 $70,000 $54,500
Required - Determine the operating profit (loss) for each of Blane's two segments for 2014.