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Business, 03.04.2020 00:58 jaejaeJae941

The following data were summarized from the accounting records for Ruiz Industries Inc. for the year ended November 30, 20Y8:

Cost of goods sold:
Commercial Division $3,400,000
Residential Division 1,800,000
Administrative expenses:
Commercial Division $750,000
Residential Division 375,000

Support department allocations:
Commercial Division $6,120,000
Residential Division 2,850,000
Sales:
Commercial Division $800,000
Residential Division 200,000

Prepare divisional income statements for Ruiz Industrials Inc.

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The following data were summarized from the accounting records for Ruiz Industries Inc. for the year...

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