Tennison Corporation Has Two Major Business Segments-Consumer and Commercial

question 117

Multiple Choice

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

---

Definitions:

Classification System

A method used to organize or categorize information or objects, often using predefined criteria for sorting.

Psychopharmacology

The study of the use of medications in treating mental disorders, including the effects of drugs on mood, sensation, thinking, and behavior.

Mood Disorders

Mental health conditions marked by significant mood swings, including conditions like depression and bipolar disorder.

Chemical Imbalances

A theory suggesting that mental health issues result from changes in the normal levels of neurotransmitters or hormones in the brain.