The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended December 31: Beagle Division Dalmatian Division Corporate Total Cost of goods sold $47,200 $30,270 Direct operating expenses 27,000 20,400 Net sales 99,000 87,000 Interest expense $2,040 General overhead 18,160 Income tax 4,700
Required: Calculate:
(a) The gross profit for the Dalmatian Division. $
(b) The income from operations from the Dalmatian Division. $
(c) The gross profit for the Beagle Division. $
(d) The income from operations from the Beagle Division. $
(e) The net income for Buddy Corporation. $
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