Tuttle Company Discloses Supplementary Operating Segment Information for Its Three

question 75

Multiple Choice

Tuttle Company discloses supplementary operating segment information for its three reportable segments.Data for 20X3 are available as follows:

Additional 20X3 expenses include indirect operating expenses of $100,000.Appropriately selected common indirect operating expenses are allocated to segments based on the ratio of each segment's sales to total sales.The 20X3 operating profit for Segment A was

• A) $150,000
• B) $180,000
• C) $200,000
• D) $250,000

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Definitions:

Profits

The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Non-Hodgkin's Lymphoma

A type of lymphoma that involves the lymphatic system, characterized by the uncontrolled growth of lymphocytes.

Colon Cancer

A type of cancer that begins in the colon (the longest part of the large intestine), often indicated by polyps that can turn cancerous over time.

Bone Cancer

A type of cancer that originates in the cells of the bones, causing pain, swelling, and weakening of the affected bones.