Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Part 1 - The management accountant for the Pen Company has prepared the following segmented income statement for each of its three product lines.
Haco
Zinc
Fielder
Total
Sales
$500,000
$350,000
$450,000
$1,300,000
Variable expenses
360,000
260,000
290,000
910,000
Contribution margin
140,000
90,000
160,000
390,000
Other costs
20,000
60,000
Segment margin
120,000
70,000
330,000
Allocated avoidable costs
30,000
40,000
100,000
Segment income
230,000
Allocated corporate costs
50,000
130,000
Corporate profit
$50,000
$(10,000)
$60,000
$100,000
Part 2 - Department income totals $500,000, investment in the department is $2,000,000, and the company's cost of capital is 10%.
Part 3 - The manager of the processing division of XYZ Corporation is considering the purchase of new equipment, which would modernize an aging plant. Currently, the division has an asset base of $8,000,000 and net operating income of $1,200,000. The new equipment is expected to cost $1,000,000; it supports the corporate strategy of competing on the basis of quality and customer response time. The new investment is also expected to increase operating income by $100,000 next year, which is an acceptable return on investment from the standpoint of corporate management.
Calculate the annual depreciation charge for each of the six years of the truck's life using the following methods: the straight-line method
bogeeta inc. manufactures two products - bicycles and skateboards. for each bicycle sold the company receives 95. for
an employee receives an hourly rate of 27 with time and a half for all hours worked in excess of 40 during a week.
Jim Corner, owner of Corner Bike Rentals, wants to start analyzing his company's quality. For each bike rental, there are four types of customer complaints.
(Learning Objective 1, 2: Accounting for available-for-sale and equity-method investments) The beginning balance sheet of NASDOQ Corporation included the following:
What does the term unlimited liability mean when applied to a general partnership?
George's recognized gain will be $300,000. Explain why the transaction does not qualify a a like-kind exchange
applying overhead in a service company leeds architectural consultants uses a job-order costing system and applies
Revenue recognition under U.S. GAAP and IFRS comparison.
stan loy owns the vista barber shop. he employs 5 barbers and pays each a base rate of 1400 per month. one of the
budgeting is an important internal activity. preparing budgets involve forecasting sales and estimating costs. for this
On May 1, 2016, Gonzaga and Balace formed a partnership and agreed to share profits and losses in the ratio of 3:7, respectively. What amount should be recorded in Gonzaga's capital account on formation of the partnership
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd