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| Bright Corporation | ||||
| Answer a | ||||
| Allocation of Corporate Overhead | ||||
| East | West | Total | Note | |
| Revenues | 2,720,000.00 | 4,080,000.00 | 6,800,000.00 | A |
| Revenue % | 40.00% | 60.00% | B | |
| Corporate Overhead | 1,224,000.00 | C | ||
| Corporate Overhead allocated | 489,600.00 | 734,400.00 | 1,224,000.00 | D=C*B |
| Budgeted Operating Profits | East | West | Total | |
| Revenues | 2,720,000.00 | 4,080,000.00 | 6,800,000.00 | |
| Direct Costs | 1,632,000.00 | 1,904,000.00 | 3,536,000.00 | |
| Operating profit before allocations | 1,088,000.00 | 2,176,000.00 | 3,264,000.00 | |
| Corporate Costs | 489,600.00 | 734,400.00 | 1,224,000.00 | See D |
| Operating profit | 598,400.00 | 1,441,600.00 | 2,040,000.00 | |
| Answer b | ||||
| Allocation of Corporate Overhead | ||||
| East | West | Total | ||
| Revenues | 2,040,000.00 | 4,080,000.00 | 6,120,000.00 | E |
| Revenue % | 33.33% | 66.67% | F | |
| Corporate Overhead | 1,194,000.00 | G | ||
| Corporate Overhead allocated | 398,000.00 | 796,000.00 | 1,194,000.00 | H=F*G |
| Budgeted Operating Profits | East | West | Total | |
| Revenues | 2,040,000.00 | 4,080,000.00 | 6,120,000.00 | |
| Direct Costs | 1,360,000.00 | 1,904,000.00 | 3,264,000.00 | |
| Operating profit before allocations | 680,000.00 | 2,176,000.00 | 2,856,000.00 | |
| Corporate Costs | 398,000.00 | 796,000.00 | 1,194,000.00 | See H |
| Operating profit | 282,000.00 | 1,380,000.00 | 1,662,000.00 | |
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Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late in year 1, the Bright Corporation CFO prepared financial operating plans (budgets) for the two divisions, shown as follows. Revenues Direct division costs Operating profit before allocation East $2,480,000 1,488,000 $ 992,000 West $3,720,000 1,736,000 $1,984,000 Corporate overhead costs are expected to be $1,116,000 in year 2. Of the $1,116,000, $620,000 is fixed and $496,000 is variable, with respect to revenue. Division managers are...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late in year 1, the Bright Corporation CFO prepared financial operating plans (budgets) for the two divisions, shown as follows. Revenues Direct division costs Operating profit before allocation East $ 2,080,000 1,248,000 $ 832,000 West $3,120,000 1,456,000 $1,664,000 Corporate overhead costs are expected to be $936,000 in year 2. Of the $936,000, $520,000 is fixed and $416,000 is variable, with respect to revenue. Division managers...
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Stable Enterprises is organized into two geographic divisions (Asia and Europe) and a corporate headquarters. Late in year 7, the Stable Finance Department prepared financial operating plans (budgets) for the two divisions, shown as follows (in thousands of dollars). Asia Europe Revenues $ 28,600 $ 36,400 Direct division costs 14,300 21,840 Operating profit before allocation $ 14,300 $ 14,560 Corporate overhead costs (in thousands of dollars) are expected to be $15,000 in year 8. Of the $15,000, $8,500 is fixed...
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The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $ 595,000 $ 445,500 Variable costs 180,000 236,500 Traceable fixed costs 144,000 203,400 Allocated common corporate costs 129,600 187,000 Net operating income (loss) $ 141,400 $ (181,400 ) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by...
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The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $ 570,000 $ 467,500 Variable costs 226,000 222,800 Traceable fixed costs 168,000 149,400 Allocated common corporate costs 129,600 159,800 Net operating income (loss) $ 46,400 $ (64,500 ) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by...
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The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: Sales Variable costs Traceable fixed costs Allocated common corporate costs Net operating income (loss) East West $601,000 $ 504,000 229,000 298,000 149,500 190,000 126,600 154,000 $ 95,900 $ (138,000) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision....
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses:...
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The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $ 595,000 $ 445,500 Variable costs 180,000 236,500 Traceable fixed costs 144,000 203,400 Allocated common corporate costs 129,600 187,000 Net operating income (loss) $ 141,400 $ (181,400 ) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by...
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Wollan Corporation has two operating divisions-an East Division and a West Division. The company's Logistics Department services both divisions. The variable costs of the Logistics Department are budgeted at $44 per shipment. The Logistics Department's fixed costs are budgeted at $391,700 for the year. The fixed costs of the Logistics Department are determined based on peak-period demand. Percentage of Peak- period Capacity Required 45% 55% Budgeted Shipments 1,730 5,630 East Division West Division At the end of the year, actual...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late in year 1, the Bright Corporation CFO prepared financial operating plans (budgets) for the two divisions, shown as follows. Revenues Direct division costs Operating profit before allocation East $2,480,000 1,488,000 $ 992,000 West $3,720,000 1,736,000 $1,984,000 Corporate overhead costs are expected to be $1,116,000 in year 2. Of the $1,116,000, $620,000 is fixed and $496,000 is variable, with respect to revenue. Division managers are...
Bright Corporation is organized into two geographic divisions (East and West) and a corporate headquarters. Late in year 1, the Bright Corporation CFO prepared financial operating plans (budgets) for the two divisions, shown as follows. Revenues Direct division costs Operating profit before allocation East $ 2,080,000 1,248,000 $ 832,000 West $3,120,000 1,456,000 $1,664,000 Corporate overhead costs are expected to be $936,000 in year 2. Of the $936,000, $520,000 is fixed and $416,000 is variable, with respect to revenue. Division managers...
Stable Enterprises is organized into two geographic divisions (Asia and Europe) and a corporate headquarters. Late in year 7, the Stable Finance Department prepared financial operating plans (budgets) for the two divisions, shown as follows (in thousands of dollars). Revenues Direct division costs Operating profit before allocation Asia $50,600 25,300 $25,300 Europe $64,400 38,640 $25,760 Corporate overhead costs (in thousands of dollars) are expected to be $30,000 in year 8. Of the $30,000, $18,500 is fixed and $11,500 is variable,...
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: Sales Variable costs Traceable fixed costs Allocated common corporate costs Net operating income (loss) East West $601,000 $ 504,000 229,000 298,000 149,500 190,000 126,600 154,000 $ 95,900 $ (138,000) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision....
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