Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of...
Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The results of operations for the most recent quarter are:
|
Bedroom |
Dining Room |
|
||||
|---|---|---|---|---|---|---|
| Sales | $506,800 | $760,200 | $1,267,000 | |||
| Variable costs | 273,672 | 440,916 | 714,588 | |||
| Contribution margin | $233,128 | $319,284 | $ 552,412 |
(a)
Determine the company’s sales mix. (Round answers to 2 decimal places, e.g. 0.15.)
|
Sales mix |
||
|---|---|---|
| Bedroom Division |
Enter a number |
|
| Dining Room Division |
Enter a number |
Homework Answers
| Sales mix | |
| Bedroom division (506,800/1,267,000) | 0.40 |
| Dining room division (760,200/1,267,000) | 0.60 |
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Please help me fill out these tables for accounting, thanks! Indigo Company has four operating divisions....
Please help me fill out these tables for accounting, thanks!
Indigo Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $218,700 and the following divisional
results.
Division
I
II
III
IV
Sales
$250,000
$198,000
$499,000
$447,000
Cost of goods sold
195,000
194,000
298,000
250,000
Selling and administrative expenses
70,300
62,000
57,000
49,000
Income (loss) from operations
$ (15,300)
$ (58,000)
$144,000
$148,000
Analysis reveals the following percentages of variable costs...
Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...
Flint Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $204,500 and the following divisional results.
Division
I
II
III
IV
Sales
$253,000
$195,000
$504,000
$446,000
Cost of goods sold
199,000
192,000
300,000
248,000
Selling and administrative expenses
75,500
60,000
64,000
55,000
Income (loss) from operations
$ (21,500)
$ (57,000)
$140,000
$143,000
Analysis reveals the following percentages of variable costs in
each division.
I
II
III
IV
Cost of goods...
B) Prepare an incremental analysis concerning the possible discontinuance of Division I. (Round a...
B) Prepare an
incremental analysis concerning the possible discontinuance of
Division I. (Round answers to 0 decimal
places, e.g. 1525. Enter negative amounts using either a negative
sign preceding the number e.g. -45 or parentheses e.g.
(45).)
C)Prepare an incremental analysis
concerning the possible discontinuance of Division II.
(Round answers to 0 decimal places, e.g. 1525.
Enter negative amounts using either a negative sign preceding the
number e.g. -45 or parentheses e.g. (45).)
D) Prepare a columnar condensed income
statement...
Flint Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...
Flint Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $204,500 and the following divisional results.
Division
I
II
III
IV
Sales
$253,000
$195,000
$504,000
$446,000
Cost of goods sold
199,000
192,000
300,000
248,000
Selling and administrative expenses
75,500
60,000
64,000
55,000
Income (loss) from operations
$ (21,500)
$ (57,000)
$140,000
$143,000
Analysis reveals the following percentages of variable costs in
each division.
I
II
III
IV
Cost of goods...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $ (19,700) Division III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $ (19,700) Division III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...
Please help me fill out these tables for accounting, thanks!
Indigo Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $218,700 and the following divisional
results.
Division
I
II
III
IV
Sales
$250,000
$198,000
$499,000
$447,000
Cost of goods sold
195,000
194,000
298,000
250,000
Selling and administrative expenses
70,300
62,000
57,000
49,000
Income (loss) from operations
$ (15,300)
$ (58,000)
$144,000
$148,000
Analysis reveals the following percentages of variable costs...
Flint Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $204,500 and the following divisional results.
Division
I
II
III
IV
Sales
$253,000
$195,000
$504,000
$446,000
Cost of goods sold
199,000
192,000
300,000
248,000
Selling and administrative expenses
75,500
60,000
64,000
55,000
Income (loss) from operations
$ (21,500)
$ (57,000)
$140,000
$143,000
Analysis reveals the following percentages of variable costs in
each division.
I
II
III
IV
Cost of goods...
B) Prepare an
incremental analysis concerning the possible discontinuance of
Division I. (Round answers to 0 decimal
places, e.g. 1525. Enter negative amounts using either a negative
sign preceding the number e.g. -45 or parentheses e.g.
(45).)
C)Prepare an incremental analysis
concerning the possible discontinuance of Division II.
(Round answers to 0 decimal places, e.g. 1525.
Enter negative amounts using either a negative sign preceding the
number e.g. -45 or parentheses e.g. (45).)
D) Prepare a columnar condensed income
statement...
Flint Company has four operating divisions. During the first
quarter of 2017, the company reported aggregate income from
operations of $204,500 and the following divisional results.
Division
I
II
III
IV
Sales
$253,000
$195,000
$504,000
$446,000
Cost of goods sold
199,000
192,000
300,000
248,000
Selling and administrative expenses
75,500
60,000
64,000
55,000
Income (loss) from operations
$ (21,500)
$ (57,000)
$140,000
$143,000
Analysis reveals the following percentages of variable costs in
each division.
I
II
III
IV
Cost of goods...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $ (19,700) Division III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...
Pina Company has four operating divisions. During the first quarter of 2017, the company reported aggregate income from operations of $212,300 and the following divisional results. Sales Cost of goods sold Selling and administrative expenses Income (loss) from operations $254,000 204,000 69,700 $ (19,700) Division III $199,000 $501,000 190,000 301,000 61,000 57,000 $ (52,000) $143,000 IV $443,000 247,000 55,000 $141,000 Analysis reveals the following percentages of variable costs in each division. Cost of goods sold Selling and administrative expenses I...
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