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The following data pertain to the operating revenues and expenses for Golden State Company for 2014. LA Segment SF Segment Total Variable expenses Direct fixed expenses Indirect fixed expenses 180,000 S 96,000 S 24,000 S 60,000 S 240,000 S 30,000 S 540,000 336,000 54,000 Regarding the company's total operating assets of S900,000, the following facts exists: LA Segment SF Segment Assets directly used by and identified with the segment 180,000 S 360,000 a. Prepare a statement showing the contribution margin of each segment, the contribution to indirect expenses of each segment, and the total income of Golden State Company GOLDEN STATE COMPANY Income Statement Showing Segmental Contributions to Indirect Expenses For the Year Ended December, 31, 2014 ent SF Segment Total Sales Less: Variable expenses Contribution Less: Direct fixed expenses Contribution to indirect e Less: Indirect fixed expenses 180,000 S 96,000S 84,000S 24,000S 360,000S 240,000S 120,000 S 30,000S 540,000 336,000 204,000 54,000 ating income b. Determine the return on investment for evaluating (1) the earning power of the entire company and (2) the performance of each segment. (Hint: Refer to ustration 9.7 in your textbook) 1) Company ROI: 2) LA Segment ROl 3) SF Segment ROI: The following data pertain to the operating revenues and expenses for Golden State Company for 2014. LA Segment SF Segment Total Variable expenses Direct fixed expenses Indirect fixed expenses 180,000 S 96,000 S 24,000 S 60,000 S 240,000 S 30,000 S 540,000 336,000 54,000 Regarding the company's total operating assets of S900,000, the following facts exists: LA Segment SF Segment Assets directly used by and identified with the segment 180,000 S 360,000 a. Prepare a statement showing the contribution margin of each segment, the contribution to indirect expenses of each segment, and the total income of Golden State Company GOLDEN STATE COMPANY Income Statement Showing Segmental Contributions to Indirect Expenses For the Year Ended December, 31, 2014 ent SF Segment Total Sales Less: Variable expenses Contribution Less: Direct fixed expenses Contribution to indirect e Less: Indirect fixed expenses 180,000 S 96,000S 84,000S 24,000S 360,000S 240,000S 120,000 S 30,000S 540,000 336,000 204,000 54,000 ating income b. Determine the return on investment for evaluating (1) the earning power of the entire company and (2) the performance of each segment. (Hint: Refer to ustration 9.7 in your textbook) 1) Company ROI: 2) LA Segment ROl 3) SF Segment ROI

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