Segment Contribution Margin AnalysisThe operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segmentincludes a number of businesses, examples of which are indicated in parentheses.Time Warner, Inc.Segment Revenues(in millions)Turner (cable networks and digital media)$54,900Home Box Office (pay television)30,400Warner Bros. (films, television, and videos)55,300Assume that the variable costs as a percent of sales for each segment are as follows:Turner18%Home Box Office16%Warner Bros.45%a. Determine the contribution margin and contribution margin ratio for each segment from the information given. Whenrequired, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution marginratio to whole percents for each segment from the information given.TurnerHome Box OfficeWarner Bros.

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Description: Segment Contribution Margin AnalysisThe operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segmentincludes a number of businesses, examples of which are indicated in parentheses.Time Warne

Contribution Margin: Contribution margin is the excess of selling price over the variable costs of a…

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rating revenues of the three largest business segments for Time Warne a number of businesses, examples of which are indicated in parentheses Time Warner, Inc.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 16E

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Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $74,400 Home Box Office (pay television) 82,700 Warner Bros. (films, television, and videos) 16,600 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 36% Home Box Office 53% Warner Bros. 24% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Turner Home Box Office Warner Bros. Revenues $fill in the blank 1 $fill in the blank 2 $fill…
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $35,400 Home Box Office (pay television) 67,500 Warner Bros. (films, television, and videos) 60,100 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 31% Home Box Office 25% Warner Bros. 35% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Turner Home Box Office Warner Bros. Revenues $ $ $ Variable costs…
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $23,800 Home Box Office (pay television) 12,200 Warner Bros. (films, television, and videos) 21,300 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 42% Home Box Office 47% Warner Bros. 30% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given.
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $71,200 Home Box Office (pay television) 10,800 Warner Bros. (films, television, and videos) 95,800 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 32% Home Box Office 21% Warner Bros. 33% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Turner Home Box Office Warner Bros. Revenues $fill in the blank 1 $fill in the blank 2 $fill…
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $62,900 Home Box Office (pay television) 65,900 Warner Bros. (films, television, and videos) 72,100 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 18% Home Box Office 32% Warner Bros. 52% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. Round contribution margin ratio to whole percents for each segment from the information given. Enter all amounts as positive numbers. Turner Home Box Office Warner Bros. Revenues $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 Variable costs fill in the blank…
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $51,200 Home Box Office (pay television) 19,000 Warner Bros. (films, television, and videos) 41,900 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 48% Home Box Office 20% Warner Bros. 19% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Turner Home Box Office Warner Bros. Revenues $fill in the blank 1 $fill in the blank 2 $fill…
Segment contribution margin analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc. Segment Revenues (in millions) Filmed Entertainment (Warner Bros.) $14,204 Networks (CNN, HBO, WB) 12,018 Publishing (Time, People, Sports Illustrated) 3,436 Assume that the variable costs as a percent of sales for each segment are as follows: Filmed Entertainment 35% Networks 32% Publishing 72% 1.Determine the contribution margin (round to whole millions) and contribution margin ratio (round to whole percents) for…
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $90,600 Home Box Office (pay television) 74,100 Warner Bros. (films, television, and videos) 13,300 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 27% Home Box Office 42% Warner Bros. 38% a. Determine the contribution margin and contribution margin ratio for each segment from the information given. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to whole percents for each segment from the information given. Turner Home Box Office Warner Bros. Revenues $ $ $ Variable costs Contribution margin $ $ $…
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $10,596 Home Box Office (pay television) 5,615 Warner Bros. (films, television, and videos) 12,993 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 40% Home Box Office 35% Warner Bros. 25% a. Determine the contribution margin and contribution margin ratio. Enter amounts in millions. When required, round to the nearest whole millionth (for example, round 5,688.7 to 5,689). Round contribution margin ratio to the nearest whole percent for each segment from the information given. Enter all amounts as positive numbers. Turner Home Box Office Warner Bros. Revenues $ $ $ Variable costs Contribution…
The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses. Time Warner, Inc.Segment Revenues(in millions) Turner (cable networks and digital media) $95,600 Home Box Office (pay television) 33,700 Warner Bros. (films, television, and videos) 80,500 Assume that the variable costs as a percent of sales for each segment are as follows: Turner 38% Home Box Office 35% Warner Bros. 50% a Determine the contribution margin and contribution margin ratio for each segment from the information given. Round contribution margin ratio to whole percents for each segment from the information given. Enter all amounts as positive numbers. Turner Home Box Office Warner Bros. Revenues $ $ $ Variable costs Contribution margin $ $ $ Contribution margin ratio (as a percent) % % % b.…
Segment Contribution Margin Analysis The operating revenues of the three largest business segments for Time Warner, Inc., for a recent year follow. Each segment includes a number of businesses, examples of which are indicated in parentheses.