The downtown branch of Emily’s Bakery is organized as an investment center. The following information is...
The downtown branch of Emily’s Bakery is organized as an investment center. The following information is available for the current year.
Sales .............................................................................................................. $448,000
Variable expenses.......................................................................................... $217,000
Traceable fixed costs..................................................................................... $230,000
Average total assets invested in this segment.................................................. $168,000
Compute the following measures for this investment center:
a Contribution margin: $____________
b Contribution margin ratio: ____________%
c Responsibility margin: $____________
d Return on assets: ____________%
e Increase in responsibility margin that would be expected to result from a 10% increase in sales volume. $____________
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The downtown branch of Emily’s
Bakery is organized as an investment center. The following
information is...
Calculating return on investment for an investment center is defined by the following formula: Multiple Choice...
Calculating return on investment for an investment center is defined by the following formula: Multiple Choice ). Contribution margin/Ending assets. O Gross profit/Ending assets. O Net income/Ending assets. O Income/Average invested assets. Contribution margin/Average invested assets..
Investment Center A B Sales $ ? $ 11,500,000 Net income $ 453,000 $ ? Average...
Investment Center
A
B
Sales
$
?
$
11,500,000
Net income
$
453,000
$
?
Average invested assets
$
1,510,000
$
?
Profit margin
6
%
?
%
Investment turnover
?
2.0
Return on investment
?
%
12
%
Use the information in the following table to compute each
department’s contribution to overhead (both in dollars and as a
percent). (Round your final answers to 2 decimal
places.)
Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment...
Triumph Company has three divisions, L, 0, and T. The following information is available for the...
Triumph Company has three divisions, L, 0, and T. The following information is available for the most recent month: Iriumph Company: $513,000 $125,770 $ 57,300 Sales revenue Total fixed costs Net income Division L: Sales revenue $163,000 Segment margin $ 20,810 Division 0: Contribution margin $30,150 $ 14,270 Traceable fixed costs Variable cost ratio 85% Division T: $ 41,720 $ 67,370 Variable costs Segment margin Calculate the traceable fixed costs reported by Division L during the most recent month
Triumph Company has three divisions, L, O, and T. The following information is available for the...
Triumph Company has three divisions, L, O, and T. The following information is available for the most recent month: Triumph Company: Sales revenue .............. $513,000 Total fixed costs .......... $125,770 Net income ................. $ 57,300 Division L: Sales revenue .............. $163,000 Segment margin ............. $ 20,810 Division O: Contribution margin ........ $ 30,150 Traceable fixed costs ...... $ 14,270 Variable cost ratio ........ 85% Division T: Variable costs ............. $ 41,720 Segment margin ............. $ 67,370 Calculate the traceable fixed...
31) Which of the following will not result in an increase in return on investment (ROI),...
31) Which of the following will not result in an increase in return on investment (ROI), assuming other factors remain the same? A) A reduction in expenses. B) An increase in net operating income. C) An increase in operating assets. D) An increase in sales. 32) Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4,480,000 40 % of sales Contribution margin ratio Fixed expenses S 1,657,600 The ROI for this year's investment opportunity is closest...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income Average invested assets Profit margin Investment turnover Return on investment Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Choose Numerator: Choose Denominator Investment Center A - Profit Margin - Profit margin 8 .00% / / Investment Turnover: Choose Numerator: Investment Center...
help:/ apter 24 Problems Investment Center $10,400,000 $ $ Sales ? Net income $ 352,000 Average...
help:/
apter 24 Problems Investment Center $10,400,000 $ $ Sales ? Net income $ 352,000 Average te $1,400,000 invested assets Profit margin Investment turnover Return on investment 1.5 128 O Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) ce Profit Margin: Choose Numerator: Choose Denominator Profit Margin Investment Coner Profit margin 8.00% Investment Turnover Choose Numerator: Choose Denominator Investment...
Question 10 ABC Company operates three divisions, X, Y, and Z. The following information is available...
Question 10 ABC Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: ABC Company: Segment margin ............. $200,000 Contribution margin ........ 40% of sales Division X: Sales revenue ........ $796,000 Contribution margin ........ $260,000 Segment margin ............. $ 30,000 Division Y: Sales revenue .............. $336,000 Contribution margin ........ 25% of sales Division z: Sales revenue . . . . . . . . . . . . . . $200,000 Traceable...
Required information Use the following information for the Exercises below. (The following information applies to the...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
Required information Use the following information for the Exercises below. (The following information applies to the...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
Calculating return on investment for an investment center is defined by the following formula: Multiple Choice ). Contribution margin/Ending assets. O Gross profit/Ending assets. O Net income/Ending assets. O Income/Average invested assets. Contribution margin/Average invested assets..
Investment Center
A
B
Sales
$
?
$
11,500,000
Net income
$
453,000
$
?
Average invested assets
$
1,510,000
$
?
Profit margin
6
%
?
%
Investment turnover
?
2.0
Return on investment
?
%
12
%
Use the information in the following table to compute each
department’s contribution to overhead (both in dollars and as a
percent). (Round your final answers to 2 decimal
places.)
Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment...
Triumph Company has three divisions, L, 0, and T. The following information is available for the most recent month: Iriumph Company: $513,000 $125,770 $ 57,300 Sales revenue Total fixed costs Net income Division L: Sales revenue $163,000 Segment margin $ 20,810 Division 0: Contribution margin $30,150 $ 14,270 Traceable fixed costs Variable cost ratio 85% Division T: $ 41,720 $ 67,370 Variable costs Segment margin Calculate the traceable fixed costs reported by Division L during the most recent month
31) Which of the following will not result in an increase in return on investment (ROI), assuming other factors remain the same? A) A reduction in expenses. B) An increase in net operating income. C) An increase in operating assets. D) An increase in sales. 32) Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales $ 4,480,000 40 % of sales Contribution margin ratio Fixed expenses S 1,657,600 The ROI for this year's investment opportunity is closest...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income Average invested assets Profit margin Investment turnover Return on investment Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Choose Numerator: Choose Denominator Investment Center A - Profit Margin - Profit margin 8 .00% / / Investment Turnover: Choose Numerator: Investment Center...
help:/
apter 24 Problems Investment Center $10,400,000 $ $ Sales ? Net income $ 352,000 Average te $1,400,000 invested assets Profit margin Investment turnover Return on investment 1.5 128 O Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) ce Profit Margin: Choose Numerator: Choose Denominator Profit Margin Investment Coner Profit margin 8.00% Investment Turnover Choose Numerator: Choose Denominator Investment...
Question 10 ABC Company operates three divisions, X, Y, and Z. The following information is available for the most recent month: ABC Company: Segment margin ............. $200,000 Contribution margin ........ 40% of sales Division X: Sales revenue ........ $796,000 Contribution margin ........ $260,000 Segment margin ............. $ 30,000 Division Y: Sales revenue .............. $336,000 Contribution margin ........ 25% of sales Division z: Sales revenue . . . . . . . . . . . . . . $200,000 Traceable...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investment center). Investment Center Electronics Sporting goods Sales $39, 840,000 25,200,000 Income $2,988,000 2,142,000 Average Invested Assets $16,600,000 12,600,000 Exercise 22-11 Computing margin and turnover; department efficiency LO A2 Compute profit margin and investment turnover for each department. Which department generates the most...
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