Homework Answers
Sales revenue of Division O= 30,150/15%= 201,000 $
Sales Revenue of Division T= 513,000- 163,000- 201,000= 149,000 $
traceable Fixed cost of Division T= 149,000- 41,720- 67,370= 39,910 $
Traceable Fixed cost of Division L= 125,770- 14,270- 39,910= 71,590 $
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Triumph Company has three divisions, L, 0, 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...
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...
No additional information was provided Triumph Company has three divisions, 1, 0, and T. The following...
No
additional information was provided
Triumph Company has three divisions, 1, 0, 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 1: Sales revenue .............. $163,000 Segment margin ............. $ 20,810 Division 0: Contribution margin ........ $ 30,150 Traceable fixed costs ...... $ 14,270 Variable cost ratio ........ 85% Division I: Variable costs ............. $ 41,720 Segment margin ............. $ 67,370...
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...
4 Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent...
4 Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales $ 541,000 $ 173,000 $ 368,000 Variable expenses 323,720 117,640 206,080 Contribution margin 217,280 55,360 161,920 Traceable fixed expenses 111,910 38,710 73,200 Segment margin 105,370 $ 16,650 $ 88,720 Common fixed expenses 64,160 Net operating income $ 41,210 The break-even in sales dollars for Division Q is closest to: (Round your intermediate calculations to...
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...
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...
Assume a company with two divisions (A and B) prepared the following segmented income statement: Sales...
Assume a company with two divisions (A and B) prepared the following segmented income statement: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income A $ ? 120,000 ? 100,000 $ ? B $ 200,000 140,000 ? 80,000 $ (20,000 What is Division A's segment margin? Multiple Choice O $53,000 $13,000 $72,700 100,000 $ ? 80,000 $ (20,000 $ Traceable fixed expenses Segment margin Common fixed expenses Net operating income What is Division...
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental...
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $35,800 and the Export Products Division's divisional segment margin is $88,200. The total amount of common fixed expenses not traceable to the individual divisions is $98,000. What is the company's net operating income foss)? Multiple Choice O $222,000 O $124,000 o Oo oo О $26,000 15124,000) Combe Corporation has two divisions: Alpha and Beta. Data from the most...
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, $150,000; contribution margin ratio, 50%; direct fixed expenses, $31,500. Division 2: sales, $102,500; contribution margin ratio, 70%; direct fixed expenses, $19,750. ABC Company’s total fixed expenses during August was $127,000. 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. total company division 1...
Problem 5.(20 points) Tracey Company, a wholesale distributor of electronic equipment, has been experiencing losses for...
Problem 5.(20 points) Tracey Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent month contribution format income statement, which follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $1,000,000 390,000 610,000 625.000 $ (15.0.00 In an effort to isolate the problem, the president has asked for an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Sales Variable expenses as a...
No
additional information was provided
Triumph Company has three divisions, 1, 0, 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 1: Sales revenue .............. $163,000 Segment margin ............. $ 20,810 Division 0: Contribution margin ........ $ 30,150 Traceable fixed costs ...... $ 14,270 Variable cost ratio ........ 85% Division I: Variable costs ............. $ 41,720 Segment margin ............. $ 67,370...
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...
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...
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...
Assume a company with two divisions (A and B) prepared the following segmented income statement: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income A $ ? 120,000 ? 100,000 $ ? B $ 200,000 140,000 ? 80,000 $ (20,000 What is Division A's segment margin? Multiple Choice O $53,000 $13,000 $72,700 100,000 $ ? 80,000 $ (20,000 $ Traceable fixed expenses Segment margin Common fixed expenses Net operating income What is Division...
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $35,800 and the Export Products Division's divisional segment margin is $88,200. The total amount of common fixed expenses not traceable to the individual divisions is $98,000. What is the company's net operating income foss)? Multiple Choice O $222,000 O $124,000 o Oo oo О $26,000 15124,000) Combe Corporation has two divisions: Alpha and Beta. Data from the most...
Problem 5.(20 points) Tracey Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent month contribution format income statement, which follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $1,000,000 390,000 610,000 625.000 $ (15.0.00 In an effort to isolate the problem, the president has asked for an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Sales Variable expenses as a...
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