Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $156,000 and were allocated as follows: $84,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)-$109,000
B)$203,000
C)$293,000
D)$47,000

Question

Data for March for Lazarus Corporation and its two major business segments, North and South, appear below:  In addition, common fixed expenses totaled $156,000 and were allocated as follows: $84,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)-$109,000 
B)$203,000 
C)$293,000 
D)$47,000

Quizplus · Accepted Answer

The Answer of Data for March for Lazarus Corporation and its two major business segments, North and South, appear below:  In addition, common fixed expenses totaled $156,000 and were allocated as follows: $84,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)-$109,000 
B)$203,000 
C)$293,000 
D)$47,000

Data for March for Lazarus Corporation and Its Two Major