Bible Corporation has two divisions: the OT Products Division and the NT Products Division. The OT Products Division's divisional segment margin is P255,000 and the NT Products Division's divisional segment margin is P59,800. The total amount of common fixed expenses not traceable to the individual divisions is P163,700. What is the company's net operating income? (P314,800) P151,100 P379,200 P455,000

Bible Corporation has two divisions: the OT Products Division and the NT Products Division. The OT Products Division's divisional segment margin is P255,000 and the NT Products Division's divisional segment margin is P59,800. The total amount of common fixed expenses not traceable to the individual divisions is P163,700. What is the company's net operating income? (P314,800) P151,100 P379,200 P455,000

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 7E: Columbia Products Inc. has two divisions, Salem and Seaside. For the month ended March 31, Salem had...

See similar textbooks

Similar questions

Columbia Products Inc. has two divisions, Salem and Seaside. For the month ended March 31, Salem had sales and variable costs of 500,000 and 225,000, respectively, and Seaside had sales and variable costs of 800,000 and 475,000, respectively. Salem had direct fixed production and administrative expenses of 60,000 and 35,000, respectively, and Seaside had direct fixed production and administrative expenses of 80,000 and 45,000, respectively. Fixed costs that were common to both divisions and couldnt be allocated to the divisions in any meaningful way were selling, 33,000, and administration, 27,000. Prepare a segmented income statement by division for March.
The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming no support department allocations): The manager of the Consumer Products Division is considering ways to increase the return on investment. a. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that 143,750,000 of assets have been invested in the Consumer Products Division. b. If expenses could be reduced by 3,450,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division?
Mnak Corporation has two divisions: the OT Products Division and the NT Products Division. The OT Products Division's divisional segment margin is P255,000 and the NT Products Division's divisional segment margin is P59,800. The total amount of common fixed expenses not traceable to the individual divisions is P163,700. What is the company's net operating income? (P314,800) P151,100 P379,200 P455,000
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $37,300 and the Export Products Division's divisional segment margin is $89,700. The total amount of common fixed expenses not traceable to the individual divisions is $100,400. What is the company's net operating income (loss)?
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $11,800. The AFE Division's divisional segment margin is $81,600 and the GBI Division's divisional segment margin is $46,700. What is the amount of the common fixed expense not traceable to the individual divisions? Multiple Choice $93,400 $116,500 $58,500 $128,300
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $42,000. The AFE Division's divisional segment margin is $15,700 and the GBI Division's divisional segment margin is $175,400. What is the amount of the common fixed expense not traceable to the individual divisions Answer choices $149,100 $57,700 $217,400 $191,100
Jerusalem Corporation, located at Israel has two divisions: the Israelites Division and the Gentiles Division. The Israelites Division has sales of P580,000, variable expenses of P301,600, and traceable fixed expenses of P186,500. The Gentiles Division has sales of P510,000, variable expenses of P178,500, and traceable fixed expenses of P222,100. The total amount of common fixed expenses not traceable to the individual divisions is P235,500. What is the company's net operating income? P202,400 P374,400 P619,900 (P34,200)
7. Vivera Corp. has two divisions, the Daleta division and the Alpine division. The Daleta divisionhas a sales of P620,000, variable expenses of P350,000 and traceable fixed expenses ofP229,200. The total amount of common fixed costs not traceable to individual divisions isP122,000. What is the company’s net operating income? 8. Basaha Co.’s accounts receivable were P430,000 at the beginning and P480,000 at theend of the year. Cash sales were P175,000 for the year. The accounts receivable turnoverwas 5. How much is the company’s total sales for the year? 9. Gurapa uses an imputed interest rate of 13% in the calculation of residual income.Division Tiffey, which is part of Gurapa had invested capital of P1,200,000 and an ROIof 16%. On the basis of this information, what was Tiffey division residual income? Solution pls 7 8 9
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $ 601,000 $ 504,000 Variable costs 229,000 298,000 Traceable fixed costs 149,500 190,000 Allocated common corporate costs 126,600 154,000 Net operating income (loss) $ 95,900 $ (138,000 ) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated, its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision. Given these data, the elimination of the West Division would result in an overall company net operating income (loss) of: Multiple Choice $95,900 $(58,100) $(138,000) $(42,100)
The Sphinx division of Oriole Corporation generated net revenues of $12025000 and variable expenses of $7725000. If common corporate fixed costs were $1025000 and the segment margin was $1325000, what are the division’s direct fixed expenses?
Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward Charles Sales $ 744,500 $ 744,500 Variable Costs 476,950 670,050 Contribution Margin $ 267,550 $ 74,450 Fixed Costs 124,400 124,400 Profit Margin $ 143,150 $ (49,950) Of the total fixed costs, $240,000 are common fixed costs that are allocated equally between the divisions. What would Franklin's profit margin be if Charles were dropped? A) $143,150 B) $267,550 C) $23,150 D) $744,500
Samsun company operates with two divisions, sam and sun. The results of the operations last year showed the company earning a net operating income of P468,000 while allocating P1,040,000 ccommon fixed expenses. The contribution margin of Sam was P780,000 while contribution margin ratio for sun ws 40%. Sun was able to generate sales of P3,250,000, and its segment margin was P832,000. The segment margin for sam was: A. P676,000 B. 1,508,000 C. P208,000 D. P832,000