Solution-How much is the residual income for this

How much is the residual income for this investment center

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Reference no: EM132984974

Problem - The following results pertain to an investment center.

Sales $1,682,500

Variable costs 880,000

Traceable fixed costs 120,000

Average investment 1,050,000

Divisional cost of capital (discount rate) 8%

Required - How much is the residual income (RI) for this investment center?

Reference no: EM132984974

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How much is the residual income for this investment center

Reference no: EM132984974

Reference no: EM132984974

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

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