User Account

All Pages

What are rockfish inc common fixed cost

Assignment Help Managerial Accounting
Reference no: EM132521686

Rockfish Inc. reports operating income of $61,000 in the current year. Rockfish has two divisions, Division X and Division Z. Here are other data regarding Rockfish's current-year operating results:

                                                  Total company                    Division X                        Division Z

Sales                                    $600,000                        $230,000                     $370,000

Variable costs                         $349,000                         $138,000                     $211,000

Traceable fixed costs                $153,000                         $72,000                   $81,000

Question a. What is Division X's contribution margin? Contribution margin ratio?

Question b. What amount of monthly sales revenue does Division X need to break-even?

Question c. What is the segment margin of Division X? Division Z

Question d. What are Rockfish Inc.'s common fixed costs?

Reference no: EM132521686

Questions Cloud

Natural disaster or terrorist incident : Any time we have a response to a natural disaster or terrorist incident there will be extensive news coverage.
What is the internal growth rate : A retention ratio of 70%. Last year, the firm had sales of $500 and total assets of $1,000. What is the internal growth rate
Identify a deviant group in your community : Identify a deviant group in your community that you would like to study. Discuss whether you would use participant observation or case study methods.
Prepare the adjusting entry to record bad debts expense : Allowance for bad debts balance, 31 Dec. 20X9 1,850 dr. Prepare the adjusting entry to record bad debts expense on 31 December 20X9
What are rockfish inc common fixed cost : What amount of monthly sales revenue does Division X need to break-even? What is Division X's contribution margin? Contribution margin ratio?
Training and preparedness exercises : The key to fostering successful emergency plans is an extensive focus on training and exercises,
How would you propose to incorporate physical activity : Cardiovascular fitness is probably the most important aspect of physical fitness because it has a major impact on health and greatly influences physical.
Make bank reconciliation for Blue Disk dated : A bank credit memo indicated a bank collection of $1,900 and interest revenue of $75 on 20 June. Make bank reconciliation for Blue Disk dated 30 June 20X9
How did your assigned religion differ from christianity : Give a brief summary of your "Suffering and Grief" assignment. How did your assigned religion differ from Christianity? What are the implications of diverse

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How the impacts the company managerial decision-making

Identify a company that you are familiar with and provide an example of how customers may use this company's resources or services very differently?

  Why did phil refuse to give foster all of the information

Lieutenant Foster's request for information about a man wanted by the FBI. Why did Phil refuse to give Foster all of the information he wanted?

  Describe some control activities that would pursue

Perhaps your most important post-graduation objective is to get a job. Describe some control activities that you would pursue to help achieve this objective

  The company''s income statements for the years ended december

The company's income statements for the years ended December 31, 2014 and 2013 follow. Assume that all sales are on credit and then compute:

  Best estimate of the total monthly fixed cost

Callaham Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume.

  Provide the related computations

Provide the related computations. Use the information included in the Excel Simulation and the Excel functions described to complete the task

  Qualitative factors that might affect sportways decision

Prepare an analysis based on the data presented that will show which product or products Sportway, Inc., should manufacture and/or purchase in order to maximize the company's profitability.

  What is the company margin percentage

What is the company's margin percentage? What is the company's return on investment? What is the company's residual income?

  Compute the predetermined overhead rate

Compute the predetermined overhead rate that was in use during January - Complete the following job cost sheet for the partially completed Lexington Gardens Project.

  Purchases for each month of the first quarter

Estimate cash disbursements related to purchases for each month of the first quarter of 2012.

  Calculate the total amount of overhead applied to job

Bulla Corporation, Calculate the total amount of overhead applied to Job K369 in both departments. (Do not round intermediate calculations.)

  Find the pv due in five years

Find the PV of $1,000 due in 5 years if the discount rate is 10% per year. Again, work the problem with a formula and also by using the function wizard.

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