Tennison Corporation Has Two Major Business Segments-Consumer and Commercial

Multiple Choice

Tennison Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for May appear below: In addition, common fixed expenses totaled $371,000 and were allocated as follows: $186,000 to the Consumer business segment and $185,000 to the Commercial 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) $769,000
B) $104,000
C) $475,000
D) -$267,000