ata follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 ales $9,310,000 $7,900,000 Pperating income 523,222 305,730 verage operating assets 18,254,902 17,555,556 equired: . Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decima Year 1 Year 2 Margin urnover - Compute the ROI for the Construction Division for each year. ote: Enter percentage to two decimal places. ROI year 1 % ROI year 2 %
ata follow for the Consumer Products Division of Kisler Inc.: Year 1 Year 2 ales $9,310,000 $7,900,000 Pperating income 523,222 305,730 verage operating assets 18,254,902 17,555,556 equired: . Compute the margin (as a percent) and turnover ratios for each year. Round your answers to two decima Year 1 Year 2 Margin urnover - Compute the ROI for the Construction Division for each year. ote: Enter percentage to two decimal places. ROI year 1 % ROI year 2 %
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
Section: Chapter Questions
Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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