90.2K

Verified Solution

Link Copied!

image

Need answer for this question please.. the four pictures are the whole question

Bookmarks Login E Employee-facing Chapter 6(0 6 I-Employee-facing r- f Sign in to your Mi... DNYS Sudent Ald Login Signin to your ML" DNYS Student B Barue hmal Stude.. Connect -Sign in Q Your Sets Quide In QYour Sets 1 Quidle... Seved Hel 3 Case 6-30 Service Organization; Segment Reporting [LO6-4 10 points Music Teachers, Inc., Is an educational assoclation for music teachers that has 20.200 members. The assoclation operates from a central headquarters but has local membership chapters throughout the United States. M chapters to discuss recent developments on topics of interest to music teachers. The association's magazine, Teachers' Forum, is issued monthly with features developments professional courses that qualify for continuing professional education credit. The assoclation's statement of revenues and expenses for the current year is presented below. onthly meetings are held by the local about recent developments in the field. The association publishes books and reports and also eBlook Print Music Teachers, Ino Statement of Revecues and Expenses For the Year Ended Novenber 30 Revenuers Expenses 93,372,000 Personnel costs Occupaney costs Reimbursenent of seaber costs to loosl chaptees Other menbership services Printing and paper Postage and shipping Inatryctors tees Ceberal and administrative 973,000 243,250 206,000 540,000 510,000 298,000 192,000 75,000 Total expenses Excess ot revesues over expenses 303,750 The board of directors of Music Teachers, Inc, has requested that a segmented Income statement be prepared showing the contribution of each segment to the association. The association has four segments: Membership Division, Magazine Subscriptions K Prev 3 of3i Next

Answer & Explanation Solved by verified expert

See Answer