Reference no: EM133149566
Question - Mack Co. discloses segment information. Mack Co. has three segments, namely Segment X, Segment Y, and Segment Z. For the year ended December 31, 2022, Segment X, Y, and Z, respectively reported sales and traceable operating costs of P7,500,000 and P5,500,000, P12,000,000 and P9,000,000, P18,000,000 and P11,000,000. During 2022, Mack Co. incurred P6,000,000 operating costs that were not directly traceable to any of the segments. In addition, Mack Co. incurred P2,000,000 general corporate expenses, including interest of P500,000. Appropriate common expenses are allocated to segments based on the ratio of segment's sales to total sales. What was Segment Y's operating profit for 2022?
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