Taylor Corp., a publicly owned corporation, assesses performance and makes operating decisions using the following information for its reportable segments:
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|
Total revenues |
$768,000 |
|
Total profit and loss |
40,600 |
Included in the total profit and loss are intersegment profits of $6,100. In addition, Taylor has $500 of common costs for its reportable segments that are not allocated in reports used internally. For purposes of segment reporting, Taylor should report segment profit of
- $35,000
- $34,500
- $41,100
- $40,600