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

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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