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