User Account

All Pages

What was segment y operating profit

Assignment Help Accounting Basics
Reference no: EM133146962

Question - Mack Co. discloses segment information. Mack Co. has three segments, namely Segment X, Segment Y, and Segment Z. For the year ended December 31, 2022, Segment X, Y, and Z, respectively reported sales and traceable operating costs of P7,500,000 and P5,500,000, P12,000,000 and P9,000,000, P18,000,000 and P11,000,000. During 2022, Mack Co. incurred P6,000,000 operating costs that were not directly traceable to any of the segments. In addition, Mack Co. incurred P2,000,000 general corporate expenses, including interest of P500,000. Appropriate common expenses are allocated to segments based on the ratio of segment's sales to total sales. What was Segment Y's operating profit for 2022?

Reference no: EM133146962

Questions Cloud

What is the ordinary share capital balance on december : The building was originally acquired by the investor for P2,5000,000. What is the ordinary share capital balance on December 31, 2018
How much money did it cost to buy these shares : You place a market buy order for 500 shares that executes at these quoted prices. How much money did it cost to buy these shares
Stability augmentation system design : Stability Augmentation System Design - Demonstrate the required tracking ability to an appropriate doublet input, and demonstrate the re- quired disturbance
Prepare the income tax provision model and journal entry : Pretax financial income for GAAP purposes was $250,000. Prepare the income tax provision model and journal entry for 2020
What was segment y operating profit : Appropriate common expenses are allocated to segments based on the ratio of segment's sales to total sales. What was Segment Y's operating profit for 2022
What would be the provision charged : Sales in the second quarter were P18,000,000. What would be the provision charged in the second quarter's interim financial statements
What total amount of expenses relating to these items : In the interim income statement for the six months ended June 30, 2022, what total amount of expenses relating to these items should be reported
What was Segment Ys operating profit : Appropriate common expenses are allocated to segments based on the ratio of segment's sales to total sales. What was Segment Y's operating profit for 2022
Defined benefit plan and defined contribution plan : What are the advantages of a defined benefit plan and defined contribution plan?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the standard direct labor rate per hour

Price-hourly wage rate $15.82, payroll taxes $0.82, and fringe benefits $1.30. Compute the Standard direct labor rate per hour

  Durden co has 10 par value 10 cumulative preferred stock

durden co. has 10 par value 10 cumulative preferred stock. there are 10000 shares issued and outstanding of the

  Find what factors affect mackenzie decision to get an mba

Mackenzie Dell graduated from university six years ago, What other ,perhaps non-quantifiable ,factors affect Mackenzie's decision to get an MBA?

  Define these measurement approaches

What are two ways to measure the obligation for postretirement benefits other than pensions? Define these measurement approaches.

  What steps you need to take reach the goals

Reflect on all that you have learned in this course. Summarize your financial situation and plans. Be sure to include plans for budgeting, saving, debt.

  What constant dividend must stock be paying in perpetuity

Investors expect a rate of return of 4.3% on a preferred stock that has a current price of $35.62. What constant dividend must the stock be paying in perpetuity

  Compute number of sprockets he needs to sell to break even

Spacely Company sells sprockets for $25. The following is the projected income statement for 2015. The number of sprockets he needs to sell to break even are

  Calculate your portfolio new beta

Suppose you sell one of the stocks with a beta of 0.8 for $5,000 and use the proceeds to buy another stock whose beta is 1.6. Calculate your portfolio new beta

  Finco is a wholly owned finnish manufacturing subsidiary of

finco is a wholly owned finnish manufacturing subsidiary of winco a domestic corporation that manufactures and markets

  Compute the balance of retained earnings

As of January 1, Retained Earnings had a credit balance of $50,600. Compute the balance of Retained Earnings as of the end of the year

  Given the preceding information which customer types would

a credit card company has classified its customers into the following types for customer profitability analysis

  Determine the income tax consequences to Azure Company

Based on this information, determine the income tax consequences to Azure Company and to Sasha during the year for each of the following independent situations

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