Homework Answers
Requirement 1
| East | West | Central | |
| Revenues | $ 862,000 | $ 1,036,000 | $ 1,890,000 |
| Operating expenses | $ 563,600 | $ 621,840 | $ 1,167,900 |
| Income from operations | $ 298,400 | $ 414,160 | $ 722,100 |
| Less: Service department | |||
| Customer support | $ 90,000 | $ 108,000 | $ 162,000 |
| Legal | $ 63,000 | $ 90,000 | $ 99,000 |
| Total service department charges | $ 153,000 | $ 198,000 | $ 261,000 |
| Income from operations | $ 145,400 | $ 216,160 | $ 461,100 |
Requirement
2
Profit margin = Net Profit / Sales *100
| East | 16.87% |
| West | 20.86% |
| Central | 24.40% |
Most successful division = Central
Requirement 3
The major weakness = The assets invested are not considered.
Methods to evaluate performance = iii and vii, namely Considering residual income and computing rate of return on investment.
In case of any doubt, please comment.
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Traxonia Rairoad inc. has three regional divisions organized as proft centers. The chief executive officer (CEO)...
Instructions Traxonia Railroad Inc. has three regional divisions organized as profit centers. The chief executive officer...
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Obj.3 tive officer o Sorganized as profit centers. The chief execu- operating income as a percent of ise accounts were provided from the 4-2 Profit center responsibility reporting One Freight Inc. has three regional divisions organized as profit centers. The officer (CEO) evaluates divisional performance using operating income wes. The following quarterly income and expense accounts were al balance as of December 31, 20Y3. Revenues-Air Division $5,000,000 Revenues-Rail Division Revenues-Truck Division 9,000,000 Operating Expenses-Air Division 4,100,000 Operating Expenses-Rail Division 4,900,000...
s Redline Renter CEO ate ne performanc flowing quarterly come and e or presten The o ficer from aproape of the were provided from the balances of December departe S .000 RES Operating expenses Theorem aperiams before Service department charge C ar por Lap Total service department charges Income from operations Compete n ce Corporate s hareholder Relation 156,000 Frei Marmi Die Eat Di West Division Cat Disain General Corporate Sales 271,500 The com e s the service departments Shareholder...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues-N Region $1,055,700 Revenues-S Region 1,248,600 Revenues-W Region 2,291,900 Operating Expenses-N Region 669,000 Operating Expenses-s Region 743,100 Operating Expenses-W...
Yozamba Technology has two divisions, Consumer and Commercial, and two corporate service departments, Tech Support and Purchasing The corporate expenses for the year ended December 31, 2016, are as follows: Tech Support Department $ 459,200 Purchasing Department 900 Other corporate administrative expenses 545,000 Total corporate expense $1,101,100 The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Support Department charges the divisions for services rendered, based on the number of computers in the...
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