Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's...
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division:
| Total Company | Southern | Northern | |||||||
| Sales | $ | 5,800,000 | $ | 3,580,000 | $ | 2,220,000 | |||
| Contribution margin | $ | 2,550,000 | $ | 1,590,000 | $ | 960,000 | |||
| Divisional segment margin | $ | 1,390,000 | $ | 1,060,000 | $ | 330,000 | |||
Net operating income last year for Nantor Corporation was $580,000.
In last year's income statement segmented by division, what were Nantor's total common fixed expenses?
Homework Answers
Net operating income = Total segment margin - Common fixed expenses
$580,000 = $1,390,000 - Common fixed expenses
Common fixed expenses = $1,390,000 - $580,000
Common fixed expenses = $810,000
Add Answer to:
Nantor Corporation has two divisions, Southern and Northern. The
following information was taken from last year's...
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's...
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Sales Contribution margin Divisional segment margin Total Company Southern Northern $4,500,000 $2,800,000 $1,900,000 $1,200,000 $ $1,000,000 $ 800,000 $ Net operating income last year for Nantor Corporation was $450,000 In last year's income statement segmented by division, what Multiple Choice O $550,000 O $900,000 Prey 3 of 10 Next >
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Company Southern Division Northern Division Sales $ 418,000 $ 193,000 $ 225,000 Variable expenses $ 130,880 $ 79,130 $ 51,750 Traceable fixed expenses $ 186,000 $ 77,000 $ 109,000 Common fixed expense $ 79,420 $ 36,670 $ 42,750 The common fixed expenses have been allocated to the divisions on the basis of sales. What is the company's overall net...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Company Southern Division Northern Division Sales $ 334,700 $ 194,900 $ 139,800 Variable expenses $ 121,298 $ 77,960 $ 43,338 Traceable fixed expenses $ 167,200 $ 75,900 $ 91,300 Common fixed expense $ 66,940 $ 38,980 $ 27,960 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division’s break-even sales is...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Company Southern Division Northern Division Sales $ 421,900 $ 223,900 $ 198,000 Variable expenses $ 158,860 $ 89,560 $ 69,300 Traceable fixed expenses $ 233,200 $ 87,200 $ 146,000 Common fixed expense $ 84,380 $ 44,780 $ 39,600 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division’s break-even sales is...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Sales Variable expenses Traceable fixed expenses Common fixed expense Total Southern Company Division $418,000 $193,000 $130,880 $ 79,130 $186,000 $ 77,000 $ 79,420 $ 36,670 Northern Division $225,000 $ 51,750 $109,000 $ 42,750 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division's break-even sales is closest to: Multiple Choice O $141.558...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Southern Company Division $301,300 $167,900 $112,125 $ 58,765 $ 169,600 $ 57,200 $ 60,260 $ 33,580 Sales Variable expenses Traceable fixed expenses Common fixed expense Northern Division $133,400 $ 53,360 $112,400 $ 26,680 ( 8 00:12:47 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division's break-even sales is closest to:...
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating...
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,200. The AFE Division's divisional segment margin is $83,600 and the GBI Division's divisional segment margin is $48,300. What is the amount of the common fixed expense not traceable to the individual divisions? Multiple Choice $95,800 $119,700 $60,500 $131,900
Help Save & Younie Corporation has two divisions: the South Division and the West Division. The...
Help Save & Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is 195,400. The South Divisions divisional segment margin is $45100 and the West Division's divisional segment margin is $135,600. What is the amount of the common fed expense not traceable to the individual divisions? 3 Stoped Murple Choice o o o o < Prev 1350 Ne> Type here to search
ABC Company operates two divisions with the following sales and expense information for the month of...
ABC Company operates two divisions with the following sales and
expense information for the month of August:
Division 1: sales, $144,000; contribution margin ratio, 50%; direct
fixed expenses, $30,000.
Division 2: sales, $98,000; contribution margin ratio, 70%; direct
fixed expenses, $19,000.
ABC Company’s total fixed expenses during August was
$121,600.
Required:
Prepare a segmented income statement for ABC Company to determine
the segment margin for Divisions 1 and 2 and the operating income
for ABC Company.
ABC Company operates two...
5 Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The...
5 Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $35,300 and the Export Products Division's divisional segment margin is $87,700. The total amount of common fixed expenses not traceable to the individual divisions is $97,200. What is the company's net operating income (loss)? Multiple Choice $220,200 $123.000 $25,800 ($123,000) Mc Graw Hall Education < Prev 5 of 10 Next > Delisa Corporation has two divisions: Division...
Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Sales Contribution margin Divisional segment margin Total Company Southern Northern $4,500,000 $2,800,000 $1,900,000 $1,200,000 $ $1,000,000 $ 800,000 $ Net operating income last year for Nantor Corporation was $450,000 In last year's income statement segmented by division, what Multiple Choice O $550,000 O $900,000 Prey 3 of 10 Next >
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Sales Variable expenses Traceable fixed expenses Common fixed expense Total Southern Company Division $418,000 $193,000 $130,880 $ 79,130 $186,000 $ 77,000 $ 79,420 $ 36,670 Northern Division $225,000 $ 51,750 $109,000 $ 42,750 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division's break-even sales is closest to: Multiple Choice O $141.558...
Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period: Total Southern Company Division $301,300 $167,900 $112,125 $ 58,765 $ 169,600 $ 57,200 $ 60,260 $ 33,580 Sales Variable expenses Traceable fixed expenses Common fixed expense Northern Division $133,400 $ 53,360 $112,400 $ 26,680 ( 8 00:12:47 The common fixed expenses have been allocated to the divisions on the basis of sales. The Northern Division's break-even sales is closest to:...
Help Save & Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is 195,400. The South Divisions divisional segment margin is $45100 and the West Division's divisional segment margin is $135,600. What is the amount of the common fed expense not traceable to the individual divisions? 3 Stoped Murple Choice o o o o < Prev 1350 Ne> Type here to search
ABC Company operates two divisions with the following sales and
expense information for the month of August:
Division 1: sales, $144,000; contribution margin ratio, 50%; direct
fixed expenses, $30,000.
Division 2: sales, $98,000; contribution margin ratio, 70%; direct
fixed expenses, $19,000.
ABC Company’s total fixed expenses during August was
$121,600.
Required:
Prepare a segmented income statement for ABC Company to determine
the segment margin for Divisions 1 and 2 and the operating income
for ABC Company.
ABC Company operates two...
5 Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $35,300 and the Export Products Division's divisional segment margin is $87,700. The total amount of common fixed expenses not traceable to the individual divisions is $97,200. What is the company's net operating income (loss)? Multiple Choice $220,200 $123.000 $25,800 ($123,000) Mc Graw Hall Education < Prev 5 of 10 Next > Delisa Corporation has two divisions: Division...
Most questions answered within 3 hours.
-
________40. Which of the following is the correct sequence of
steps in the general
adaptation...
asked 6 minutes ago -
Hi, Please draw the network diagram.
Activity D on a CPM network has predecessors B and...
asked 8 minutes ago -
Explain how bacteria can be used in Food production
Explain the fermentation of Milk & Cheese...
asked 12 minutes ago -
A uniform, solid sphere of radius 4.50 cm and mass 4.50 kg
starts with a purely...
asked 28 minutes ago -
Consider the prisoners’ dilemma we discussed in class, with the
following twist. If both prisoners choose...
asked 12 minutes ago -
The length of a pencil is measured to be 10.00 cm with a ruler.
What is...
asked 23 minutes ago -
A 120 cm^3 box contains helium at a pressure of 1.80 atm and a
temperature of...
asked 29 minutes ago -
Given that Kb for the weak base analine is 3.8 X
10-10, which of the following...
asked 31 minutes ago -
A sniper fires a rifle bullet into a gasoline tank, making a
hole 51.0 m below...
asked 31 minutes ago -
The US Census Bureau gathered data regarding yearly gas sales
for residents of different states. Wyoming...
asked 52 minutes ago -
A person in a casino decides to play blackjack until he loses a
game, but he...
asked 55 minutes ago -
mode field diameter (MFD) is an important parameter in
characterizing single mode fibre properties which takes...
asked 46 minutes ago