Safety seats co recorded operating data for its shoe

Reference no: EM13355559

Safety Seats Co. recorded operating data for its shoe division for the year. The company's desired ROI is 5%.

Sales	$500,000
Variable costs	400,000
Contribution margin	100,000
Total direct fixed costs	60,000
Average total operating assets	200,000

What is the residual income?

1. $20,000

2. $30,000

3. $40,000

4. $90,000

5. $100,000

Reference no: EM13355559

Questions Cloud

Wright corporation began its operations on sept 1 of the : wright corporation began its operations on sept. 1 of the current year. forecasted sales for the first three months of

1 management accountants usually plan for a small : 1. management accountants usually plan for a small positive cash balance in their cash budgets for all of the

Safety seats co recorded operating data for its shoe : safety seats co. recorded operating data for its shoe division for the year. the companys desired roi is

Ranger company produces mens ties budgeted and actual costs : ranger company produces mens ties. budgeted and actual costs for march followcostbudget at 2500 unitsactual at 2900

Hargrow inc makes and sells a single product buckets it : hargrow inc. makes and sells a single product buckets. it takes 30 ounces of plastic to make one bucket. budgeted

Looker hats is planning to sell 600 and produce felt hats : looker hats is planning to sell 600 and produce felt hats 700 during june. each hat requires 12 yard of felt and 14

The standard costs and actual costs for direct materials : the standard costs and actual costs for direct materials direct labor and factory overhead for the manufacture of 2500

Reviews

Write a Review

Required(*) Message

Cost Accounting Questions & Answers

Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

Prepare revenues budget

Prepare Revenues budget and Production budget in units

Effect of exchange rate changes on cash and cash

Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

Accounting for bad debt expense

Accounting and partnership problems

Accounting and Partnership problems

Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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

User Account

All Pages