Determine the net operating income of foundation

Assignment Help Managerial Accounting
Reference no: EM132639512

he business staff of the Gay Firm Flirt, Kit ;

SeanD has constructed the following report that breaks down the firm's overall results for last month into three business segments-foundation, salon and Kikay kits:

Company Total.......................................Foundation..........................Salon..........................Kikay kits
Revenues from clients........................................2,000,000.............................................400,000......................600,000.................1,000,000
Variable expenses...................................................500,000................................................100,000...........150,000....................250,000
Traceable fixed expenses...................................800,000.................................................150,000...........150,000....................500,000
Common fixed expenses.....................................400,000...................................................25,000.........45,000......................330,000

Question 1: What is the Segment Margin of Kikay Kits?

A. 750,000
B. (80,000)
C. 250,000
D. None of the choices

Question 2: What is the total fixed costs of Gay Firm Flirt

A. 1,200,000
B. 800,000
C. 400,000
D. NONE OF THE CHOICES

Question 3: Determine the Net Operating Income of Foundation.

A. 300,000
B. 150,000
C. 125,000
D. NONE OF THE CHOICES

Reference no: EM132639512

Questions Cloud

Prepare financial analysis that will be used in deciding : Prepare financial analysis that will be used in deciding whether or not to close the Denver Cover Plant. Management has asked you to identify
Why you want to perform the analysis : Go on Kaggle.com. This is a website for Data Scientist to practice their skills on real-world datasets and solve real-world problems. You will need to sign up.
Description of the organization products or services : Describe the organization you have chosen. Please include the name and a short description of the organization's products or services.
What is the innovator profit prior to the innovation : a. What is the innovator's profit prior to the innovation? b. What is the innovator's profit after the innovation?
Determine the net operating income of foundation : Determine the Net Operating Income of Foundation. SeanD has constructed the following report that breaks down the firm's overall results
Discuss authentication of application security : Discuss authentication and authorization in the context of Application Security. For all writing assignments ensure that you do the following.
What are common facilitators of effective : What are the common facilitators of effective DM emerging from Readings 1&2 of Module 2? List them and state why these attributes emerge in DM processes.
How do find the raw materials used in production : How do you find the raw materials used in production? Explain your answer so better understand it. Provide the specific example.
Evaluating the history of cryptography from its origins : You will evaluate the history of cryptography from its origins. Analyze how cryptography was used and describe how it grew within history.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate net present value of investment in solar panels

Jannsen Limited, Calculate the net present value of the investment in solar panels. (Hint: Use Microsoft Excel to calculate the discount factor(s).

  How do compute the average rate of return on investment

How do Compute the average rate of return on investment, giving effect to depreciation on the investment. Round your answer to two decimal places.

  Which is the sales volume variance for operating income

Operating income for actual sales volume is $48,000, while the static budget operating income $53,000. Which is the sales volume variance for operating income?

  Kiel center-cash collections budget

Kiel Center sells only on credit (no cash sales). Prior collection patterns describe that 28% of month's sales are gathered in the month of sale, 51% are collected in month after the sale, and 19% are collected in second month after the sale.

  Payback period and net present value

The Management Accountant of Derby Ltd has produced the following cost estimates relating to the proposal over the next five years: Calculate the transport fleet project - Payback period and net Present Value

  Is company earns less income by selling high-contribution

a company earns less income by selling high-contribution margin products than by selling an equal number of low-contribution margin products.True/false

  Review stockholders equity section in your chosen company

HI5001 Accounting for Business Decisions Group Assignment. Review the stockholders' equity section in your chosen company's most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or..

  How many units will have to sell to make a profit

Sheffield Inc. If AP sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $328,500 before taxes?

  Five star tools is a small family owned firm

Explain why the cutting department should cut back production from 700 items per hour to 600. Further, explain why if the cutting department does cut back, as it should, it is likely to have an unfavorable labor efficiency variance.

  Calculate the margin of safety in terms of sales revenue

Head-First Company, Calculate the margin of safety in terms of the number of units. Calculate the margin of safety in terms of sales revenue.

  Determine the amount of direct material

If 600 000 finished units are to be manufactured by Dante during the year, determine the amount of direct material that needs to be purchased.

  Calculate the net advantage of processing the boat hulls

Calculate the net advantage (disadvantage) of processing the boat hulls into sail boats. Use a negative sign with your answer, if appropriate.

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