Homework Answers
| Division L : | |
| Variable cost ratio = ( Sales revenue - Segment margin ) / Sales revenue = ( 163000 - 20810 ) / 163000 | 87 |
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No additional information was provided Triumph Company has three divisions, 1, 0, and T. The following...
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...
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...
Murphy Inc., which produces a single product, has provided the following data for its most recent...
Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: 16,900 Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses $ $ 109 77 12 $997, 100 $388,709 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing. b. Compute the unit...
11. A manufacturing company that produces a single product has provided the following data concerning its most recen...
11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory 0 Units produced 4,150 Units sold 4,050 Units in ending inventory 100 Variable costs per unit: Direct materials $ 44 Direct labor $ 46 Variable manufacturing overhead $ 9 Variable selling and administrative $ 7 Fixed costs: Fixed manufacturing overhead $ 87,150 Fixed selling and administrative $ 40,500 What is the variable costing unit product...
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...
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...
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...
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...
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
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...
Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: 16,900 Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses $ $ 109 77 12 $997, 100 $388,709 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing. b. Compute the unit...
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...
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...
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