Data for March for Lazarus Corporation and Its Two Major

Multiple Choice

Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: In addition, common fixed expenses totaled $156,000 and were allocated as follows: $84,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

A) -$109,000
B) $203,000
C) $293,000
D) $47,000