User Account

All Pages

Compute the segment margin reported by Division A in May

Assignment Help Accounting Basics
Reference no: EM132622816

Question - LTB, Inc. reported the following income statement information for April:

 

LTB, Inc.

Division A

Division B

Sales

$420,000

$240,000

$180,000

Variable costs

$226,200

$156,000

$70,200

Traceable fixed costs

$105,600

$48,000

$57,600

Common fixed costs

$69,000

 

 

In May, LTB, Inc. initiated an advertising campaign in Division A costing $14,630. As a result, the sales in Division A increased by 18% in May.

Required -

Part A) Compute the segment margin reported by Division A in May?

Part B) Compute the segment margin reported by Division B in May?

Reference no: EM132622816

Questions Cloud

Determining the aud interest rate : Currently, AUD/USD spot is trading at 0.7043. At a 270-day investment horizon, the AUD interest rate is 4.80% and the USD interest rate is 3.80%.
Discuss the relationship between power and leadership : Discuss the relationship between power and leadership. What power must a leader have in order to lead effectively?
Which transactions is not reported as an adjustment : Which transactions is NOT reported as an adjustment to net income when the indirect method is used to compute net cash flows from operating activities?
Arbitrage-free gpb/usd spot rate : Currently, the 90-day GBP/USD forward rate is trading at 1.2872. The corresponding GBP interest rate is 2.30% and the USD interest rate is 3.20%.
Compute the segment margin reported by Division A in May : LTB, Inc. reported the following income statement information for April: Compute the segment margin reported by Division A in May
What is the outright 3-month forward rate : 1. Suppose that the 6-month forward rate for the dollar in terms of the Swiss franc for Wednesday was SF0.9680/$.
Defining economic justice and social justice : The Center for Economic and Social Justice defines "social justice" as "giving to each what he or she is due." "Economic justice" is concerned with determining.
Research one of the major human diseases : Discussion - Exploring Our Gut Microbiota - How can we best utilize this knowledge in our own lives? Can we help those we love with their health issues by help
Calculate the payback period of the project : Sprint Bolt Ltd is a producer of specialised sport shoes. The company has been conducting research and development of a new model, where the lower mould can aut

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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