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What is the total amount of expense

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1. Problem - The following information pertains to a company and its divisions for the year ended December 3: Sales to unaffiliated customers, Intersegment sales of products similar to those sold to unaffiliated customers, Interest earned on loans to other operating segments. The company and all of its divisions are engaged solely in manufacturing operations. The company has a reportable segment if that segment's revenue exceeds what amount?

2. Problem - A company paid property taxes on its factory building for the calendar year for a certain amount. The company estimates that total depreciation expense for the year will amount to a certain amount, and that 2013 year-end bonuses to employees will total a certain amount. In Bakers' interim income statement for the six months ended June 30, what is the total amount of expense relating to these three items that should be reported?

Reference no: EM13487509

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