What should be the contribution margin presented for segment

Assignment Help Cost Accounting
Reference no: EM132715559

Problem 1: Johns Company operates in three different industries each of which is appropriately regarded as a reportable segment. Segment No. 1 contributed 60 percent of Johns Company's total sales. Sales for Segment No. 1 were 600,000 dollars and variable costs were 400,000 dollars. The total common costs for all segments were 320,000 dollars. Johns allocates common costs based on the ratio of each segment's sales to total sales. What should be the contribution margin presented for Segment No. 1?

Reference no: EM132715559

Questions Cloud

How many units were transffered to next processing depart : The Assembly Department started the month, How many units were transffered to the next processing department during the month?
What types of methods did they use to conduct the study : What types of methods did they use to conduct the study? Quantitative (surveys) or Qualitative (interviews) methods? Documentary sources?
Importance of regular expressions in data analytics : What is the importance of regular expressions in data analytics?
What is the formula that can be used to estimate electricity : Cracky Industries electricity costs, Using the method, what is the formula that can be used to estimate electricity costs at different levels of volume?
What should be the contribution margin presented for segment : Johns allocates common costs based on the ratio of each segment's sales to total sales. What should be the contribution margin presented for Segment No. 1?
Malware investigation and encryption : Malware might be a stand-alone attack or a tool to deliver some other form of attack. Create a review for the chief information officer (CIO).
What is the effect on the contribution margin per unit : If the selling price and the variable cost per unit. What is the effect on the contribution margin per unit and the contribution margin ratio?
What the total manufacturing cost associated with job : What the total manufacturing cost associated with Job 003 should be? Bronson uses a job order cost system and applies factory overhead to production
Discussion of three arguments for affirmative action : Discussion of at least three arguments for affirmative action, and at least three arguments against affirmative action; an examination of the Texas Top Ten

Reviews

Write a Review

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

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 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

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