d traceable fixed expenses of $31,000. During the same month, the West business segment had sales revenues of $910,000, variable expenses of $480,000, and traceable fixed expenses of $173,000. The common fixed expenses totaled $254,000 and were allocated as follows: $127,000 to the East business segment and $127,000 to the West business segment. The contribution margin of the

d traceable fixed expenses of $31,000. During the same month, the West business segment had sales revenues of $910,000, variable expenses of $480,000, and traceable fixed expenses of $173,000. The common fixed expenses totaled $254,000 and were allocated as follows: $127,000 to the East business segment and $127,000 to the West business segment. The contribution margin of the

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter25: Departmental Accounting

Section: Chapter Questions

Problem 1CE

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Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $690,000, variable expenses of $352,000, and traceable fixed expenses of $104,000. During the same month, the West business segment had sales revenues of $140,000, variable expenses of $56,000, and traceable fixed expenses of $24,000. The common fixed expenses totaled $162,000 and were allocated as follows: $89,000 to the East business segment and $73,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $84,000 $145,000 $422,000 $234,000
Stryker corp. Has two major business segments- east and west. In April, the east business segment had sales revenue of 500,000, variable expenses of 280,000 and traceable fixed expenses of 80,000. During the same month, the west business segment had sales revenues of 970,000, variable expenses of 514,000 and traceable fixed expenses of 184,000. The common fixed expenses total 280,000 and were allocated as follows: 112,000 to the east business segment and 168,000 to the west business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the east business segment is: 108,000 28,000 140,000 280,000
Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $690,000, variable expenses of $352,000, and traceable fixed expenses of $104,000. During the same month, the West business segment had sales revenues of $140,000, variable expenses of $56,000, and traceable fixed expenses of $24,000. The common fixed expenses totaled $162,000 and were allocated as follows: $89,000 to the East business segment and $73,000 to the West business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: Multiple Choice $132,000 $422,000 $294,000 $(30,000)
Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 620,000 $ 359,700 $ 74,100 $ 478,400 $ 273,000 $ 61,900 In addition, common fixed expenses totaled $167,800 and were allocated as follows: $87,100 to the North business segment and $80,700 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:
Lunox Corporation is composed of two major subunits: Wholesale and Retail. In December, Retail reported sales revenues - P730,000, variable expenses - P409,000, and traceable fixed expenses of P117,000. On the other hand, Wholesale reported sales revenues - P400,000, variable expenses - P220,000, and traceable fixed expenses of P48,000. Common fixed expenses totaled P218,000 and were allocated as follows: P122,000 to the Retail business segment and P96,000 to the Wholesale business segment. What is the segment margin % of the less profitable segment in terms of absolute pesos? Answer format = two decimal points with percentage symbol
Data for January for Bondi Corporation and its two major business segments, North and South, appear below. Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South $ 660,000 $ 383,000 $ 79,000 $ 510,000 $291,000 $ 66,000 In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment. The contribution margin of the South business segment is
Lunox Corporation is composed of two major subunits: Wholesale and Retail. In December, Retail reported sales revenues - P730,000, variable expenses - P409,000, and traceable fixed expenses of P117,000. On the other hand, Wholesale reported sales revenues - P400,000, variable expenses - P220,000, and traceable fixed expenses of P48,000. Common fixed expenses totaled P218,000 and were allocated as follows: P122,000 to the Retail business segment and P96,000 to the Wholesale business segment. What is the segment margin % of the less profitable segment in terms of absolute pesos? Answer format = two decimal points with percentage symbol (i.e. 10.00%)
Georgetown Corporation has two major business segments-Hats and Scarfs. Data concerning those segments for October appear below: Sales revenues, Hats $130,000 Variable expenses, Hats $66,000 Traceable fixed expenses, Hats $17,000 Sales revenues, Scarfs $540,000 Variable expenses, Scarfs $270,000 Traceable fixed expenses, Scarfs $92,000 Common fixed expenses totaled $153,000. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. the break-even point in sales for the company as a whole. No Heading Required. Also calculate
Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel $ 735,000 Variable expenses, Apparel $ 342,000 Traceable fixed expenses, Apparel $ 174,000 Sales revenues, Accessories $ 777,000 Variable expenses, Accessories $ 426,000 Traceable fixed expenses, Accessories $ 125,000 Common fixed expenses totaled $433,000 and were allocated as follows: $187,000 to the Apparel business segment and $246,000 to the Accessories business segment. Required: Prepare a segmented income statement in the contribution format for the company.
Data for September concerning Greenberger Corporation's two major business segments-Fibers and Feedstocks-appear below. Sales revenues, Fibers Sales revenues, Feedstocks Variable expenses, Fibers Variable expenses, Feedstocks Traceable fixed expenses, Fibers Traceable fixed expenses, Feedstocks Common fixed expenses totaled $377,000 and were allocated as follows: $191,500 to the Fibers business segment and $185,500 to the Feedstocks business segment. $ 860,000 $ 785,000 $ 390,000 $ 320,000 $ 120,000 $ 156,000 Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. Net operating income (loss) Total Company Fibers Feedstocks
Data for January for Blondi Corporation and its two major business segments, North and South, appear below Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South In addition, common fixed expenses totaled $179.000 and were allocated as follows: $93,000 to the North business segment and $86.000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: Multiple Choice $7,000) $172,000 $351,000 $496,000 $660,000 $ 383,000 $ 79,000 s 510,000 $ 291,000 $ 66,000
Data for September concerning Greenberger Corporation's two major business segments--Fibers and Feedstocks--appear below: Sales revenues, Fibers $ 750,000 Sales revenues, Feedstocks $ 620,000 Variable expenses, Fibers $ 368,000 Variable expenses, Feedstocks $ 254,000 Traceable fixed expenses, Fibers $ 98,000 Traceable fixed expenses, Feedstocks $ 112,000 Common fixed expenses totaled $344,000 and were allocated as follows: $175,000 to the Fibers business segment and $169,000 to the Feedstocks business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts.