User Account

All Pages

What were the total variable expenses in store k

Assignment Help Managerial Accounting
Reference no: EM132590840

Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% of sales. Traceable fixed expenses were $60,000 in Store J, and $40,000 in Store K.

Question 1: What were the total variable expenses in Store K?

Multiple Choice

Option 1: $70,000.

Option 2: $110,000.

Option 3: $130,000.

Option 4: $200,000.

Reference no: EM132590840

Questions Cloud

Find what would be a good example of a common cost : Find What would be a good example of a common cost that normally could NOT be assigned to products on a segmented income statement
Balanced dissociation equilibrium equation : In Activity 2, there were 2 mL of buffer per well. Calculate the final pH of the undiluted buffer after 0.25 mL of 0.1 M NaOH is added.
Research a discovery of a structure in chemistry : 1. Using print and Internet resources, research a discovery of a structure in chemistry or biochemistry
Identify the quantitative factors that should be considered : In gathering relevant information for these two alternatives, briefly identify the quantitative factors that should be considered
What were the total variable expenses in store k : What were the total variable expenses in Store K?Ieso Company has two stores: J and K. During November, Ieso Company reported operating income of $30,000
What is fink revenue from insurance premiums : Fink Insurance collected premiums of $19,000,000 from its customers during the current year. What is Fink revenue from insurance premiums
Determine the cost equation to estimate customer web site : sing the high-low method, estimate the variable cost per Web site hit and the monthly fixed costs.Determine the cost equation to estimate the customer Web
Discuss the factors in the external environment : Identify and discuss the factors in the external environment that could have an influence on the performance of Buckeye Beans
Compute net income for the first year : Alpaca Corporation had revenues of $290,000 in its first year of operations. Compute net income for the first year for Alpaca Corporation

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