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  3. ended december 31,20y7, are as follows: each depa

ended December 31,20Y7, are as follows: each department. The services used by the two...

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Accounting

ended December 31,20Y7, are as follows:
each department. The services used by the two divisions are as follows:
expenses are not considered controllable by the divisions. The revenues, cost of goods sold, and operating expenses for the two divisions are as follows:
Prepare the divisional income statements for the two divisions. Do not round your interim calculations.
Prepare the divisional income statements for the two divisions. Do not round your interim calculations.
Horton Technology
Divisional Income Statements
For the Year Ended December 31,20Y7
Revenues
Cost of goods sold
Gross profit
Operating expenses
Operating income before support department allocations
Support department allocations:
Tech service department
Purchasing department
Total support department allocations
Operating income
Consumer Division
Commercial Division
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