Gulinson Corporation has two divisions: Division A and Division B. Data from the most recent month appear below. Total Division Division Company $591,000 $222,000 $369,000 275,580 113, 220 162,360 315,420 B Sales Variable expenses Contribution margin 108,780 206,640 Traceable fixed expenses 195,000 66,000 129,000 Segment margin 120,420 $ 42, 780 $ 77,640 Common fixed expenses 65,010 Net operating income $ 55,410 The break-even in sales dollars for Division A is closest to: (Round your Intermedlate colculatlons to 2 decimel places.) Multiple Cholce $134,694 $184,531 $487179
Q: Ultimo Company operates three production departments as profit centers. The following Information is…
A: Overhead are those costs that cannot be directly attributed to a unit of product.theae can be…
Q: Forchen, Inc., provided the following information for two of its divisions for last year: Small…
A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…
Q: Shown as follows are responsibility income statements for Butterfield, Inc., for the month of March.…
A: Income statement is the one which is prepared to know the profitability of the entity. It is the…
Q: Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month…
A: The break even sales are the sales where business earns no profit no loss during the period.
Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…
A: Formulas:
Q: The following data relate to the Western Division of Palmerston Ltd for the current year. Sales…
A: Note:- Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: Combe Corporation has two divisions: Alpha and Beta. Data from the most recent month appear below:…
A: Formula: Break-even in sales dollars=Traceable fixed expensesContribution margin ratio where,…
Q: Assume a company with two divisions (A and B) prepared the following segmented income statement:…
A: Segment margin of A can be calculated by deducting segment margin of B from total margin.
Q: Bertie Corporation has two divisions: Retail Division and Wholesale Division. The following data are…
A: The answer is as fallows
Q: Cost-hierarchy income statement and allocation of corporate costs to customers. The Insurance…
A: Customer Cost Hierarchy:Customer cost hierarchy is a method that helps in the categorization of cost…
Q: Adams Corporation evaluates divisional managers based on ROI. Operating results for the company's…
A: Since we answer only three subparts, we will answer the first three subparts. Please resubmit the…
Q: Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month…
A: The question is based on the concept of Cost Accounting.
Q: Carrejo Corporation has two divisions: Division M and Division N. Data from the most recent month…
A: Introduction:- The break-even point is the moment at which a company's revenues equal its costs. The…
Q: The operations of Bunga Raya Sdn Bhd (BRSB) are divided into the Fix Division and the Split…
A: Following calculations shows the income statement if Split Division is removed: Formulation:…
Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…
A: CVP format is the format wherein the costs are bifurcated into fixed and variable costs.…
Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…
A: Formulas:
Q: GREEN COMPANY has two divisions: Del Sur Division and Del Norte Division. The following data are for…
A: solution concept breakeven point breakeven units = total fixed cost / contribution per…
Q: The break-even in sales dollars for Alpha Division is closest to:
A: Break - Even:- Break even is the point at which business has reached a point where it has neither…
Q: A company has two divislons: Division B and Divislon S. The following report Is for the most recent…
A: Since you have asked multiple questions, we will solve one question for you. If youwant any specific…
Q: During Heaton Company's first two years of operations, It reported absorption costing net operating…
A: Variable costing: This is a technique it is assumed that only variable cost as product cost.…
Q: The Business Division's break-even sales is closest to:
A: Break-even sales is defined by the following formula : Break even sales ($) = Fixed cost /…
Q: Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the…
A: Contribution margin = Total sales - Variable costs Variable costs = Sales * Variable costs as a % of…
Q: Forchen, Inc., provided the following information for two of its divisions for last year: Small…
A: ROI means return on investment. It basically signifies the percentage return earned by an entity on…
Q: Selected sales and operating data for three divisions of different structural engineering firms are…
A: Return on investment represents the return the company gets in return of the money invested.
Q: Carriveau Corporation has two divisions: Consumer Division and Business Division. The following data…
A: Contribution margin for Business Division's = Sales - Variable expenses = $245,000 - $58,800 =…
Q: SION G. Data fröm the most recent month appear below. Total Company Division L $151,000 92,110…
A: Contribution Margin Ratio for the Division Q =Contribution Margin / Sales = $195000 /$390000 = 50%
Q: Rocky Mountain Airlines Inc. has two divisions organized as profit centers, the Passenger Division…
A: Part 1: The divisional income statement's operating income is incorrect since the amount of…
Q: ABC Company operates two divisions with the following sales and expense information for the month of…
A: Operating Income refers to Sales less Operating Expenses. Contribution margin refers to Sales Minus…
Q: Bode Corporation has two divisions. East and West. Data from the most recent month appears below:…
A: Break-Even Point: The break-even point is the point at which total costs and total revenues are…
Q: Your Company consists of two divisions, A and B. Your Company reported a contribution margin of…
A: Formula: Contribution margin = sales - variable cost Deduction of variable cost from sales derives…
Q: Inc. has a shoes and a shirts division. The company reported the following segmented income…
A: Contribution margin is computed by deducting the variable expenses from the sales revenue.…
Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…
A: Incremental analysis is a decision-making technique used by an organization to select between the…
Q: The Textile Division of Electrotech Corporation reported the following results for a recent year…
A: Formulas: Profit margin = Net income / Sales where, Net income = Sales - Expenses
Q: Insider Company has two divisions, J and K. During March, the contribution margin in J was $30,000.…
A: Segment margin equals contribution margin less traceable fixed expenses
Q: Alydar, Inc., manufactures and sells automotive tools through three divisions: Eastern, Southern,…
A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed…
Q: Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a…
A: The fixed cost which helps in managing operations of two or more company segments is known as the…
Q: Dickonson Products is a division of a major corporation. The following data are for the last year of…
A: Given data:
Q: Shown as follows are responsibility income statements for Butterfield, Inc., for the month of March,…
A: An income statement is a statement prepared under the financial statements it shows the various…
Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…
A: CVP format is the format wherein the costs are bifurcated into fixed and variable costs.…
Q: Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for…
A: Income statement: It can be defined as one of the company’s financial statements that shows all the…
Q: Gough Corporation has two divisions. Domestic and Foreign. Data from the most recent month appears…
A: 1. BREAK EVEN POINT IN SALES : = FIXED COST / CONTRIBUTION MARGIN RATIO 2. CONTRIBUTION MARGIN…
Q: Assume a company with two divisions (A and B) prepared the following segmented income statement:…
A: Break even is the point at which an entity is just recovering its costs from the revenues but not…
Q: Wild Sun Airlines Inc. has two divisions organized as profit centers, the Passenger Division and the…
A: a.Describe whether the incomes from operations for the two divisions accurately measure performance,…
Q: During Heaton Company’s first two years of operations, it reported absorption costing net operating…
A: Particulars Year 1 Year 2 Sales $1,200,000 $1,800,000 divide by: sales price $60 per unit $60…
Q: During Heaton Company's first two years of operations, it reported absorption costing net operating…
A:
Q: Wyrich Corporation has two divisions: Blue Division and Gold Division. The following report is for…
A: Break even Sales =Fixed costs x SalesSales - Variable Costs
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Divisional income statements with support department allocations Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments, Tech Services and Purchasing. The corporate expenses for the year ended December 31, 20Y7, are as follows: Tech Services Department $1,158,300 480,000 Purchasing Department Other corporate administrative expenses 704,000 $2,342,300 Total expense The other corporate administrative expenses include officers' salaries and other expenses required by the corporation. The Tech Services Department allocates costs to the divisions based on the number of computers in the department, and the Purchasing Department allocates costs to the divisions based on the number of purchase orders for each department. The services used by the two divisions are as follows: Consumer Division Commercial Division Total Tech Services 500 computers 310 810 computers Purchasing 5,600 purchase orders 10,400 16,000 purchase orders The support department…The following data is for a company that produces a single product. selling price 24 193 Units in beginning inventory Units produced Units sold 3,090 2,910 variable costs per unit: Direct materials 53 Direct labor $ 24 59 Variable manufacturing overhead variable selling and administrative expense Fixed costs: 15 13 Fixed manufacturing overhead Fixed selling and administrative $ 89,610 $ $,730 Requlred: a. What Is the unit product cost for the month under varlable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using varlable costing. d. Prepare an Income statement for the month using absorption costing. e. Reconcile the varlable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Reconcile the variable costing and absorption costing net operating incomes…Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q $ 529,000 $ 161,000 $ 368,000 305,900 223,100 122,380 99,820 • 61,180 33,320 100,720 $ 27,860 206,080 161,920 89,060 $ 72,860 36,030 $ 64,690 Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income The break-even in sales dollars for Division Q is closest to:
- GREEN COMPANY has two divisions: Del Sur Division and Del Norte Division. The following data are for the most recent operating period: Total Company Del Sur Division Del Norte DivisionSales P 418,000 P 193,000 P 225,000 Variable expenses P 130,880 P 79,130 P 51,750 Traceable fixed expenses P 186,000 P 77,000 P 109,000 Common fixed expense P 79,420 P 36,670 P 42,750 The bookkeeper allocated common fixed expenses to the divisions on the basis of sales. Required: a. What is the company's overall break-even sales? b. Determine the break-even point for Del Sur Division c. Determine the break-even point for Del Norte Division.MC Qu. 12-66 The following information was taken from... The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions: Restin, Inc. $856,000 Los Angeles Division Bay Area Division Central Valley Division Revenues $232,000 $267,000 $357,000 Variable operating expenses 467,600 127,600 140,000 200,000 222,000 69,000 79,000 74,000 Controllable fixed expenses Noncontrollable fixed expenses 72,000 19,000 24,000 29,000 In addition, the company incurred common fixed costs of $19,200. Which of the following amounts should be used to evaluate whether Restin, Inc., should continue to invest company resources in the Los Angeles division? Multiple Choice O O O O $20.000. $16,400. $10.000. $104,400. $35,400.Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division QSales $ 517,000 $ 156,000 $ 361,000 Variable expenses 255,960 82,680 173,280 Contribution margin 261,040 73,320 187,720 Traceable fixed expenses 171,000 49,000 122,000 Segment margin 90,040 $ 24,320 $ 65,720 Common fixed expenses 87,890 Net operating income $ 2,150 The break-even in sales dollars for Division Q is closest to:
- Nuzum Corporation has two divisions: Division M and Division N. Data from the most recent month appear below: Total Division Division Company $557,000 $254,000 $303,000 144,910 412,090 172,720 239,370 273,000 128,000 145,000 139,090 94,690 M Sales Variable expenses Contribution margin Traceable fixed expenses 81', 280 63,630 Segment margin Common fixed expenses 94,370 51,510 $ 44,400 $ 1,540 $ 42,860 44,720 43,180 Net operating income Management has allocated common fixed expenses to the Divisions based on their sales. The break-even in sales dollars for Division N is closest to: (Round your intermediate calculations to 2 decimal places.)Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below. Total Company Division L $151,000 92,110 58,890 30,870 Division Q $390,000 195,000 195,000 97,600 $ 97,400 Sales $541,000 287,110 Variable expenses Contribution margin Traceable fixed expenses 253,890 128,470 Segment margin 125,420 $2 3 Common fixed expenses 70,310 Net operating income $ 55,110 The break-even in sales dollars for Division Q is closest to: (Round your Intermedlate calculations to 2 decimal places.) Multiple Cholce $327.250 O $195.20o S335.820 11:05 AM 自 0 W 92°F AQI 61 9/24/2021 here to search DELLExercise 14-25 (Algo) Compute Divisional Income (LO 14-1) Owen Audio shows the following information for its two divisions for year 1. Consumer Division Commercial Division Sales revenue Cost of sales $ 1,864,800 Selling, General and Administrative Allocated corporate overhead 1,118,880 287,400 129,960 $ 5,905,200 3,791,100 360,840 411,540 Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed? Complete this question by entering your answers in the tabs below. Req A Req B1 Req B2 Compute divisional operating income for the two divisions. Ignore taxes. Operating income Consumer Division Commercial Division Req A Req B1 >
- A corporation has two major business segments--A and B. The following information is given for each division for March. Revenue Variable expenses Traceable fixed expenses Allocated common expenses O $50,000. $60,000. A properly constructed segmented income statement in a contribution format would show that the segment margin of the B business segment is: $106,000. A $690,000 352,000 O $(13,000). 104,000 89,000 B $140,000 34,000 46,000 73,000Divisional income statements Instructions Amount Descriptions Divisional Income Statements X Instructions The following data were summarized from the accounting records for Jersey Coast Construction Company for the year ended June 30, 20Y8: Cost of goods sold: Commercial Division $912,250 Residential Division 423,675 Administrative expenses: Commercial Division $149,800 Residential Division 128,625 Service department charges: Commercial Division $112,560 Residential Division 67,830 Sales: Commercial Division $1,354,500 Residential Division 743,780 Prepare divisional income statements for Jersey Coast Construction Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.Exoplex Industries Inc.Divisional Income StatementsFor the Year Ended December 31, 20Y8 SemiconductorsDivision NavigationalSystemsDivision Total Sales: 2,240 units @ $396 per unit $887,040 $887,040 3,675 units @ $590 per unit $2,168,250 2,168,250 $887,040 $2,168,250 $3,055,290 Expenses: Variable: 2,240 units @ $232 per unit $519,680 $519,680 3,675 units @ $472* per unit $1,734,600 1,734,600 Fixed 220,000 325,000 545,000 Total expenses $739,680 $2,059,600 $2,799,280 Income from operations $147,360 $108,650 $256,010 *$432 of the $472 per unit represents materials costs, and the remaining $40 per unit represents other variable conversion expenses incurred within the Navigational Systems Division. The Semiconductors Division is presently producing 2,240 units out of a total capacity of 2,820 units. Materials used in producing the Navigational Systems…