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