Calculate the sales revenue reported by division l

Assignment Help Accounting Basics
Reference no: EM131960212

Question - Daytona Company operates three divisions, L, M, and Z. The following information is available for the most recent month:

Daytona Company:

Variable costs - $281,000

Common fixed costs - $ 92,000

Net income - $136,000

Division L:

Traceable fixed costs - $ 28,000

Division M:

Sales revenue - $190,000

Contribution margin - $ 57,000

Segment margin - $ 46,000

Division Z:

Variable costs - $ 92,000

Variable costs - 40% of sales

Segment margin - $106,000

Calculate the sales revenue reported by Division L during the most recent month.

Reference no: EM131960212

Questions Cloud

Calculate the net operating income abc company needed : Calculate the net operating income ABC Company needed to earn in 2019 in order for its turnover to be equal to 1.54
The collapse and revival of american community : Robert Putnam, in his book Bowling Alone: The Collapse and Revival of American Community, uses the example of the decline of bowling leagues.
Discuss which given you feel made the largest contribution : Discuss which one of those you feel made the largest contribution to the development of American culture after World War I.
What from your problem do you have control ove : What from your problem do you have control over and what do you have no control over? Explain your analysis/answer in five (5) or more sentences.
Calculate the sales revenue reported by division l : Daytona Company operates three divisions, L, M, and Z. Calculate the sales revenue reported by Division L during the most recent month
Call the function findsmaller from html : A function called FindSmaller that takes two integer numbers as parameter then find the smaller number between these two numbers and return the smaller
Cloud-based file synchronization : How is backup data files different from a cloud-based file synchronization?
Prepare general journal entries that portsmith would record : Required: Prepare the General Journal entries that Portsmith would record on November 1, December 31, and January 30
Means the number of opening parenthesis : Check that the expression is well formed: that means the number of opening parenthesis '(' is equal to closing ones, the operands are numeric characters

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a statement of cash flows for march

Whitney Tomas established a real estate agency on March 1, 2007, and completed the following transactions during March.

  How use of balanced scorecard can increase economic value

Explain each of your recommendations. Using these measures as examples, explain how use of the balanced scorecard can increase the economic value added within the organization.

  Mtnce cost data is machine hours for prior year was 14000

mtnce cost data is machine hours for prior year was 14000 and current year 17200. mtnce cost for prior year was 30100

  Both bond sam and bond dave have 6 percent coupons make

both bond sam and bond dave have 6 percent coupons make semiannual payments and are priced at par value. bond sam has

  State the company selected for the team assignments

State the company selected for the team assignments, Describe insights gained by performing some planning for this company

  Which of these methods provides the most accurate

What are three methods for estimating the cost of common stock from retained earnings? Which of these methods provides the most accurate and reliable estimate?

  Recognize the cost of the warranty repairs as an expense

On December 30, 2006, you buy a Ford Expedition. It comes with a three-year, 36,000-mile warranty. On January 18, 2007, you return the Expedition to the dealer.

  Calculate the total incremental costs of making component

Haver Company currently produces component RX5 for its sole product. Calculate the total incremental costs of making and buying component RX5

  The relative ability of the two companies to control

Explain how Lumber Liquidators could have a substantially higher gross profit percentage than Lowe's but a nearly identical net profit margin. What does this suggest about the relative ability of the two companies to control operating expenses?

  Explain why net income and retained earnings

Explain why net income and retained earnings are the same for King. Normally would these amounts be the same? Why or why not?

  What increase in profit can be expected

Brumlow Company has a contribution margin ratio of 25%. The company is considering a proposal that will increase sales by $100,000.

  Streit inc provides business security systems in an

streit inc. provides business security systems. in an effort to increase revenue the sales manager has begun

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd