Reference no: EM132572784
Question - Vehicle Corporation is organized into four operating segments. The internal reporting system generated the following segment information:
Revenues from Outsiders Intersegment Transfers Operating Expenses
Autos $4,015,000 $115,000 $3,615,000
Trucks 3,515,000 215,000 4,015,000
SUVs 2,615,000 0 2,015,000
Motorcycles 915,000 65,000 1,035,000
The company incurred additional operating expenses (of a general nature) of $1,215,000.
Required -
1. What is the profit or loss of each of these segments?
2. Perform the profit or loss test to determine which of these segments is separately reportable.