Tennison Corporation has two major business segments-Consumer and Commercial. Da

Question

Tennison Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for May appear below: In addition, common fixed expenses totaled $371,000 and were allocated as follows: $186,000 to the Consumer business segment and $185,000 to the Commercial 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) $769,000 B) $104,000 C) $475,000 D) -$267,000

Explanation / Answer

rate me ist B) $104,000 reference http://www.justanswer.com/business-finance-homework/6flf6-company-two-major-business-segments-east-west.html

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