Managerial Accounting 102
Presented below is information related to the Southern Division of Lumber Ltd.
| Contribution margin | $1,241,200 | ||
| Controllable margin | $848,127 | ||
| Average operating assets | $4,038,700 | ||
| Minimum rate of return | 15 | % |
Calculate the Southern Division’s return on investment and residual income.
| Return on investment | % | ||
|---|---|---|---|
| Residual income | $ |
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Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution margin $299,700 $499,800 $399,300 Controllable margin $140,000 $359,100 $208,600 Average operating assets $1,000,000 $1,890,000 $1,490,000 Minimum rate of return 12 % 15 % 8 % a) Compute the return on investment for each division. North Division % West Division % South Division % b) Compute the residual income for each division Compute the return on investment for each division. North Division $ West...
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information...
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.) Lager Lite Lager Contribution margin $499,200 $300,400 Controllable margin 200,300 (c) Average operating assets $ (a) $1,200,900 Minimum rate of return % (b) 15 % Return on investment 22 % % (d) Residual income $99,000 $204,000
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information...
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to O decimal places e.g. 58,971.) Lager $499,700 200,400 Lite Lager $299,200 Contribution margin Controllable margin (c) Average operating assets $ (a) $1,199,800 Minimum rate of return % (b) 15 % Return on investment 23 % % (d) Residual income $99,100 $203,200
North South West North and South North and West South and West North, South and West...
North South West North and South North and West South and West North, South and West Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution $500,900 $300,500 $401,000 margin Controllable margin $360,800 $210,000 $141,000 Average operating $940,000 $1,640,000 $1,400,000 assets Minimum rate of 13 % 14 % 10 % return Compute the return on investment for each division. North Division West Division South Division Compute the residual income for each division. North...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the...
Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to 0 decimal places e.g. 58,971.) Lager Lite Lager Contribution margin $499,700 $300,800 Controllable margin 199,900 (c) Average operating assets $ (a) $1,200,700 Minimum rate of return % (b) 12 % Return on investment 20 % % (d) Residual income...
Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missi...
Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5%.) Lager Lite Lager Contribution margin $300,000 $500,000 200,000 Controllable margin Average operating assets (a) $1,200,000 Minimum rate of return % (b) 11 % Return on investment 16 % % (d) Residual income $100,000 $204,000
Oriole Industries has manufactured prefabricated houses for over 20 years. The houses are constructed in sections...
Oriole Industries has manufactured prefabricated houses for over 20 years. The houses are constructed in sections to be assembled on customers' lots. Oriole expanded into the precut housing market when it acquired Jensen Company, one of its suppliers. In this market, various types of lumber are precut into the appropriate lengths, banded into packages, and shipped to customers' lots for assembly. Oriole designated the Jensen Division as an investment center. Oriole uses return on investment (ROI) as a performance measure...
Pina, Inc. reports the following financial information. Average operating assets $2,948,200 Controllable margin $648,604 Minimum rate...
Pina, Inc. reports the following financial information. Average operating assets $2,948,200 Controllable margin $648,604 Minimum rate of return Compute the return on investment and the residual income. Return on investment Residual income
Consolidated Industries is a diversified manufacturer with business units organized as divisions, including the Reigis Steel...
Consolidated Industries is a diversified manufacturer with
business units organized as divisions, including the Reigis Steel
Division. Consolidated monitors its divisions on the basis of both
unit contribution and return on investment (ROI), with investment
defined as average operating assets employed. All investments in
operating assets are expected to earn a minimum return of 12%
before income taxes.
Reigis’s cost of goods sold is considered to be entirely
variable; however, its administrative expenses do not depend on
volume. Selling expenses...
Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to O decimal places e.g. 58,971.) Lager $499,700 200,400 Lite Lager $299,200 Contribution margin Controllable margin (c) Average operating assets $ (a) $1,199,800 Minimum rate of return % (b) 15 % Return on investment 23 % % (d) Residual income $99,100 $203,200
North South West North and South North and West South and West North, South and West Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution $500,900 $300,500 $401,000 margin Controllable margin $360,800 $210,000 $141,000 Average operating $940,000 $1,640,000 $1,400,000 assets Minimum rate of 13 % 14 % 10 % return Compute the return on investment for each division. North Division West Division South Division Compute the residual income for each division. North...
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
Exercise 10-21 Presented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5%.) Lager Lite Lager Contribution margin $300,000 $500,000 200,000 Controllable margin Average operating assets (a) $1,200,000 Minimum rate of return % (b) 11 % Return on investment 16 % % (d) Residual income $100,000 $204,000
Oriole Industries has manufactured prefabricated houses for over 20 years. The houses are constructed in sections to be assembled on customers' lots. Oriole expanded into the precut housing market when it acquired Jensen Company, one of its suppliers. In this market, various types of lumber are precut into the appropriate lengths, banded into packages, and shipped to customers' lots for assembly. Oriole designated the Jensen Division as an investment center. Oriole uses return on investment (ROI) as a performance measure...
Pina, Inc. reports the following financial information. Average operating assets $2,948,200 Controllable margin $648,604 Minimum rate of return Compute the return on investment and the residual income. Return on investment Residual income
Consolidated Industries is a diversified manufacturer with
business units organized as divisions, including the Reigis Steel
Division. Consolidated monitors its divisions on the basis of both
unit contribution and return on investment (ROI), with investment
defined as average operating assets employed. All investments in
operating assets are expected to earn a minimum return of 12%
before income taxes.
Reigis’s cost of goods sold is considered to be entirely
variable; however, its administrative expenses do not depend on
volume. Selling expenses...
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