The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below:   Retail Division Commercial Division Sales $2,150,000 $1,200,000 Cost of goods sold 1,300,000 800,000 Selling expenses 150,000 175,000   Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Income from Operations     Retail Division Commercial Division   $ $         $ $         $ $       Income from operations $ $

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: Prepare a divisional income statement with two column headings: Winter Sports Division and Summer…

A: Income statement: The financial statement which reports revenues and expenses from business…

Q: Income for Profit Center The centralized computer technology department of Crutchfield Company has…

A: Following is the divisional income from operations

Q: Jarriot, Inc. presented two years of data fro its Furniture Divicion and its Houseware Division:…

A: Residual income can be referred to as the income of an entity which is left after allowing the…

Q: Gutierrez Company has four operating division. During the first quarter of 2014, the company…

A: Formulas:

Q: Operating Income for Profit Center The centralized computer technology department of Hardy Company…

A: Operating income refers to the income from business operations. It is calculated by deducting the…

Q: The vice president of operations of Moab Bike Company is evaluating the performance of two divisions…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…

Q: The centralized computer technology department of Crutchfield Company has costs of $982,500. The…

A: Cost per hour = Total costs / total hours = $982,500 / 13,100 hours = $75 per hour

Q: Service Department Charges The centralized computer technology department of Hardy Company has…

A: Expenses between divisions in a company or organization are allocated based on the usage of related…

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: Income from Operations for Profit Center The centralized computer technology department of Hardy…

A: Income statement: Under this Statement showing the company’s performance over a period of time by…

Q: The centralized computer technology department of Hardy Company has expenses of $61,600. The…

A: Note: Computer Technology Department expenses to be apportioned to Retail Division and Commercial…

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: A company's shipping division (an investment center) has sales of $2,460,000, net income of…

A: Profit margin = Net income / Net sales Investment Turnover = Net sales / Average invested assets

Q: Glades Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports…

A: Income statement is defined as the statement which used fir reporting the financial performance of…

Q: How do you think the division managers will receive the new proposal? What are the strengths and…

A:

Q: Ultimo Co. operates three production departments as profit centers. The following information is…

A: Contribution to Overhead :— It means Sale minus variable Overhead cost.   Contribution to Overhead…

Q: The centralized computer technology department of Hardy Company has expenses of $320,000. The…

A: Here  allocation is based on hours used by each  department

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: Faune Furniture Co. consists of two divisions, Bedroom Division and Dining Room Division. The…

A: Sales mix percentage can be identified by dividing individual sales by total sales of divisons.

Q: 1. Love, International has two divisions, Manufacturing and Retail which had the following operating…

A: Degree of operating leverage is calculated on the basis of ratio of contribution margin towards…

Q: ervice Department Charges The centralized computer technology department of Hardy Company has…

A: Hardy Company Computer Technology Dept. expenses to be apportioned to Retail Division and Commercial…

Q: Glades Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports…

A: Working Notes: 1. Transportation expense = divisions  charge rate x Number of bills Winter Sports…

Q: divisional income

A: It is pertinent to note that cost centers does not generate any revenue to the entity . However…

Q: A. Jamesway Corporation has two separate divisions that operate as profit centers. The following…

A: The formula to calculate gross profit is Sales minus Cost of goods Sold. There is no need to…

Q: The centralized computer technology department of Hardy Company has expenses of $320,000. The…

A: SOLUTION- OPERATING INCOME- IT IS THE AMOUNT OF PROFIT MADE FROM A COMPANY BUSINESS OPERATIONS AFTER…

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 centralized computer technology department of Hardy Company has expenses of $320,000. The…

A: Solution: % of services used by Retail division = 2750 / 4000 = 68.75% % of services used by…

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: Profit Center Responsibility Reporting Glades Sporting Goods Co. operates two divisions—the Winter…

A:

Q: The centralized computer technology department of Lee Company has expenses of $264,000. The…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent…

A: Relevant profit for Linens = Contribution margin - Avoidable cost = $634000 - (860000-379000) =…

Q: Develop a profit-and-loss statement for the Westgate division of North Industries. This division…

A: Break-even sale is the amount of the sales at which all the revenues generated are equal to the…

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: Required information The Personnel Department at Hernandez Bros. is centralized and provides…

A: Cost is allocated to the unit of a department by multiplying the cost per employee with the total…

Q: ed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent…

A: Calculation of Net Operating Income     Total   Hardware Department   Linens Department  Sales…

Q: ABC Corporation has three service department with the following costs and activity base: Service…

A: Activity base allocation for the accounting department is the number of the invoice processed. Cost…

Q: The centralized computer technology department of Crutchfield Company has costs of $982,500. The…

A:

Q: The centralized computer technology department of Lee Company has expenses of $264,000. The…

A: Computer expense per hour = Computer expense/total hours            = $264,000/2,500            =…

Q: Arlington Clothing, Inc., shows the following information for its two divisions for year 1.…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month…

A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…

Q: The vice president of operations of Moab Bike Company is evaluating the performance of two divisions…

A:

Q: Assume a retailing company has two departments-Department A and Department B. The company's most…

A: Avoidable fixed expenses of Department B = Total fixed expenses - sunk costs = 260000-12000 =…

Q: Income for Profit Center The centralized computer technology department of Crutchfield Company has…

A: The net income is calculated as excess of sales revenue over the variable and fixed expenses.

Q: 1. Love, International has two divisions, Manufacturing and Retail which had the following operating…

A: Following are the break-even points for both divisions

Q: VW Enterprises operates three product lines. The most recent product line (division) income…

A: Decision Making - It is the process of making decision by identifying different choices, gathering…

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.