Question

My answer is incomeplete, please finish the parts i left blank , thank you !

Music Teachers, Inc., is an educational association for music teachers that has 19.700 members. The association operates from a central headquarters but has local membership chapters throughout the United States Monthly meetings are held by the local chapters to discuss recent developments on topics of interest to music teachers. The association's magazine, Teachers' Forum, is Issued monthly with features about recent developments in the field. The association publishes books and reports and also sponsors professional courses that qualify for continuing professional education credit. The association's statement of revenues and expenses for the current year is presented below. Music Teachers, Inc. Statement of Revenues and Expenses For the Year Ended November 30 Revenues $3,292,000 Expenses: Salaries Personnel costs Occupancy costs Reimbursement of member costs to local chapters Other membership services Printing and paper Postage and shipping Instructors' fees General and administrative Total expenses Excess of revenues over expenses 965,000 241,250 235,000 580,000 500,000 328,000 213,000 71, 30,000 3,163250 $ 128,750 The board of directors of Music Teachers, Inc., has requested that a segmented income statement be prepared showing the contribution of each segment to the association. The association has four segments: Membership Division, Magazine Subscriptions Division, Books and Reports Division, and continuing Education Division, Mike Doyle has been assigned responsibility for preparing the segmented income statement, and he has gathered the following data a. The 19,700 members of the association pay dues of $100 per year, of which $20 covers a one-year subscription to the Teachers Forum Other benefits include membership in the association and chapter affiliation. The portion of the dues covering the magazine subscription ($20) should be assigned to the Magazine Subscriptions Division, b. A total of 2.500 one-year subscriptions to Teachers' Forum were also sold last year to nonmembers and libraries at $38 per Subscription. In addition to subscriptions, the journal generated $112,000 in advertising revenues c. The costs to produce the Teachers' Forum magazine included $8 per subscription for printing and paper and 54 per SDSON postage and shipping.

Answer 1

Particulars	Association- Total	Membership	Magazine	Books & Reports	Continuing Education
Revenue	3,292,000	1,576,000	601,000	707,500	407,500
Expenses:-
Salaries	872,000	211,000	159,000	314,000	188,000
Personnel Cost	218,000	52,750	39,750	78,500	47,000
Occupancy Cost	180,400	54,600	18,200	71,200	36,400
Reimbursement	580,400	580,400
Other Membership	500,000	500,000
Printing & Paper	328,000		177,600	113,200	37,200
Postage & Shipping	145,400		88,800	56,600
Instructor fees	71,000				71000
Total Traceable Expenses	2,894,800	1,398,350	483,350	633,500	379,600
Division Profit	329,600	177,650	117,650	74,000	27,900
Common Expenses:-
Salaries- Corporate Staff	93,000
Personnel Cost	23,250
Occupancy Cost	54,600
Postage & Shipping	67,600
General Administration	30,000
Total Common Expenses	268,450
Excess of Revenue over Expenses	128,750