Data for January for Bondi Corporation and Its Two Major

question 140

Multiple Choice

Data for January for Bondi Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 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) $(7,000)
• B) $172,000
• C) $351,000
• D) $496,000

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