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Problem - Divisional income statements
The following data were summarized from the accounting records for Jareau Construction Company for the year ended June 30, 2012:
Cost of goods sold:
Service department charges:
Commercial Division
$523,000
$64,320
Residential Division
242,100
Residential Charges
38,760
Administrative Expenses:
Net sales:
$ 85,600
$774,000
73,500
425,000
Required - Make divisional income statements for Jareau Construction Company.
What conclusions can you draw regarding this companys performance
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