Question

Construct and interpret a product profitability report

6665FE85-65A3-4C08-A85D-30EEEE7B1C24.jpeg748D0F36-A7F0-4FE2-A859-E5CD4DFBF040.jpegAA39CD3B-79A2-4DC2-A433-B882F3A10C44.jpeg

Construct and interpret a product possibility report allocating Selling and administrative expenses a marketing management team was concerned that the selling in administrative expensive were not traced to the product marketing management believe that some products consumed large amounts of selling an administrative expensive I did not other products to verify this controller was asked for. Complete set a talk with ability report using active best costing. 

The controller determined that selling an administrative expensive consisted of two activities sales order processing and post still consumer services. The controller was able to determine the activity Waze and activity rate for each activity as follows as follows

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 9 more requests to produce the answer.

1 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Construct and interpret a product profitability report
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Volt-Gear Inc. ma...

    Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Volt-Gear Inc. manufactures power equipment. Volt-Gear has two primary products—generators and air compressors. The following report was prepared by the controller for Volt-Gear senior marketing management for the year ended December 31: Generators Air Compressors Total Revenue $2,000,000 $1,400,000 $3,400,000 Cost of goods sold 1,400,000 980,000 2,380,000 Gross profit $600,000 $420,000 $1,020,000 Selling and administrative expenses 353,000 Income from operations $667,000 The marketing management team was concerned that...

  • Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Naper Inc. manufactures power...

    Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Naper Inc. manufactures power equipment. Naper has two primary products—generators and air compressors. The following report was prepared by the controller for Naper's senior marketing management for the year ended December 31: Generators Air Compressors Total Revenue $1,140,040 $2,064,240 $3,204,280 Cost of goods sold 855,030 1,548,180 2,403,210 Gross profit $285,010 $516,060 $801,070 Selling and administrative expenses 178,770 Income from operations $622,300 The marketing management team was concerned that...

  • 9. Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Naper Inc. manufactures...

    9. Construct and Interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Naper Inc. manufactures power equipment. Naper has two primary products—generators and air compressors. The following report was prepared by the controller for Naper's senior marketing management for the year ended December 31: Generators Air Compressors Total Revenue $1,458,240 $2,004,720 $3,462,960 Cost of goods sold 1,093,680 1,503,540 2,597,220 Gross profit $364,560 $501,180 $865,740 Selling and administrative expenses 184,140 Income from operations $681,600 The marketing management team was concerned...

  • Hello, I need help with this question please Thank you Apps Ch 18 Exercises eBook Calculator...

    Hello, I need help with this question please Thank you Apps Ch 18 Exercises eBook Calculator Print Item Construct and interpret a Product Profitability Report, Allocating Selling and Administrative Expenses Naper Inc. manufactures power equipment. Naper has two primary products-generators and air compressors. The following report was prepared by the controller for Naper's senior marketing management for the year ended December 31: Air Compressors Total Revenue Generators $1,139,160 854,370 Cost of goods sold $1,611,400 1,208,550 $102,850 $2,750,560 2,062,920 $687,640 Gross...

  • box (26) - ana.. Math 144) Sect... HUM 201 Cours. Chapter Pro CengageNOWV2 Alles Enterprise Attes...

    box (26) - ana.. Math 144) Sect... HUM 201 Cours. Chapter Pro CengageNOWV2 Alles Enterprise Attes Enterprise Produtos Product costs. Calculator Atlas Enterprises Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Activity Rate Fabrication $22 per machine hour Assembly 513 per direct labor hour...

  • Show Me How Calculator Activity-Based Costing for a Service Company Safety First Insurance Company carries three...

    Show Me How Calculator Activity-Based Costing for a Service Company Safety First Insurance Company carries three major lines of insurance auto, workers' compensation, and homeowners. The company has prepared the following report: Safety First Insurance Company Product Profitability Report For the Year Ended December 31 Auto Workers' Compensation Homedyners Premium revenue $5,750,000 $6,240,000 4,680,000 Estimated claims 4,312,500 58,160,000 6,120,000 $2,040,000 Underwriting income $1,437,500 $1,560,000 Underwriting income as a percent of premium revenue 25% 25% 25% Management is concerned that the...

  • Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line...

    Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line during the last few periods. SPF’s management team thinks that the store will improve its profitability if it discontinues the Other Flooring Products line. The operating results from the most recent period are: Paint and Paint Supplies Carpet Other Flooring Products Sales $ 174,100 $ 280,000 $ 216,000 Cost of goods sold 100,000 195,000 172,000 SPF estimates that store support expenses are approximately 25%...

  • Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line...

    Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line during the last few periods. SPF's management team thinks that the store will improve its profitability if it discontinues the Other Flooring Products line. The operating results from the most recent period are: Paint and Paint Other Flooring Sales Cost of goods sold Supplies Carpet Products $334,700 $231,000 $140,000 150,000 123,000 106,000 SPF estimates that store support expenses are approximately 27% of revenues. Harish...

  • Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line...

    Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line during the last few periods. SPF’s management team thinks that the store will improve its profitability if it discontinues the Other Flooring Products line. The operating results from the most recent period are: Paint and Paint Supplies Carpet Other Flooring Products Sales $ 174,100 $ 280,000 $ 216,000 Cost of goods sold 100,000 195,000 172,000 SPF estimates that store support expenses are approximately 25%...

  • Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line...

    Studemeir Paint & Floors (SPF) has experienced net operating losses in its Other Flooring Products line during the last few periods. SPF’s management team thinks that the store will improve its profitability if it discontinues the Other Flooring Products line. The operating results from the most recent period are: Paint and Paint Supplies Carpet Other Flooring Products Sales $ 174,100 $ 280,000 $ 216,000 Cost of goods sold 100,000 195,000 172,000 SPF estimates that store support expenses are approximately 25%...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT