(continued) Case A statement detailing revenues by program appears directly below. The segmented income statement follows on the next page. Membership Books and Continuing Total Services Journal Reports Education Revenues: Membership dues $600,000 $450,000 $150,000 Nonmember journal subscriptions 20,000 20,000 Advertising 50,000 50,000 Books and reports 70,000 $70,000 Continuing education courses 230,000 $230,000 Total revenues $970,000 $450,000 $220,000 $70,000 $230,000 Case (continued) Membership Books and Continuing Services Journal Reports Education Total revenues $970,000 $450,000 $220,000 $70,000 $230,000 Expenses traceable to segments: Salaries 320,000 170,000 60,000 40,000 50,000 Occupancy costs 90,000 50,000 10,000 10,000 20,000 Distributions to local chapters 210,000 210,000 Printing 82,000 44,000 25,000 13,000 Mailing 19,000 11,000 8,000 Continuing education instructors’ fees 60,000 60,000 Total traceable expenses 781,000 430,000 125,000 83,000 143,000 Program segment margin 189,000 $ 20,000 $ 95,000 $(13,000) $ 87,000
Case (continued) A statement detailing revenues by program appears directly below. The segmented income statement follows on the next page. Total Membership Services Journal Books and Reports Continuing Education Revenues: Membership dues $600,000 $450,000 $150,000 Nonmember journal subscriptions 20,000 20,000 Advertising 50,000 50,000 Books and reports 70,000 $70,000 Continuing education courses 230,000 $230,000 Total revenues $970,000 $450,000 $220,000 $70,000 $230,000 Case (continued) Membership Services Journal Books and Reports Continuing Education Total revenues $970,000 $450,000 $220,000 $70,000 $230,000 Expenses traceable to segments: Salaries 320,000 170,000 60,000 40,000 50,000 Occupancy costs 90,000 50,000 10,000 10,000 20,000 Distributions to local chapters 210,000 210,000 Printing 82,000 44,000 25,000 13,000 Mailing 19,000 11,000 8,000 Continuing education instructors’ fees 60,000 60,000 Total traceable expenses 781,000 430,000 125,000 83,000 143,000 Program segment margin 189,000 $ 20,000 $ 95,000 $(13,000) $ 87,000
Ch06solutions-1.docx